Liquidity and collateral
Cash moves all day, and so do the prices behind collateral. Calseda keeps liquidity and collateral current per account and per currency, so treasury acts on the position as it is now. Every figure can show the flows and prices that produced it.
What you can't see today
Treasury starts from the overnight position and a spreadsheet of expected flows, updated by hand.
Collateral is valued at yesterday's close. A falling market eats into it unseen.
Nobody can quickly say what releasing a large payment now would do to the buffer this afternoon.
When the buffer drops, finding which flows caused it takes phone calls to operations.
What you'd see instead
Treasury starts from the overnight position and a spreadsheet of expected flows.
Large payments leave the EUR account, and a clearing house makes a margin call.
Someone phones operations and updates the spreadsheet by hand.
Because nobody can be sure of the position, a larger buffer is held, just in case.
Each payment that settles updates the EUR account's position at once.
The margin call is added, and the collateral against it is valued at current prices.
The EUR buffer turns amber. Treasury sees which payments and which call moved it.
Treasury asks privately what moving funds from the USD account would do, before acting.
An example with simulated data.
Each account's position recalculated as payments settle, and only those it touches.
Collateral and margin per counterparty, valued with the prices of now, not of last night.
Test a payment or a transfer privately on the live position. Only you see the answer.
An alert reaches treasury when a buffer crosses its limit, with the flows that caused it.
See it in a demo
In a demo, a simulated bank's settlement accounts sit on the same board as its credit limits. Each payment updates its account's balance. Open an account to see the payments behind it, each with its source and age.
Use it yourself, no sign-in: Every limit, watched all day ↗
What changes for your team
Release or hold funds with the current position and its causes in front of you. When the position is visible all day, the buffer can be sized from what you know, not from what you fear.
Treasury keeps Excel. The figures in it are live, and adjustments go back through checks, logged with who posted them.
What your regulator or auditor gets
How it starts
For example, the intraday position of the accounts in one currency.
Payments and balances, read from the systems that already produce them. Nothing is replaced.
Your developers, or ours, write it with treasury. Calseda does the rest.
It runs alongside today's process, so treasury can compare the two before relying on it.
Become a design partner: a pilot on generous terms, in exchange for a case study published only with your approval.