Post on 30-Oct-2019
Finance at Tableau: Managing Risk for our Global Corporate Treasury
Ed Barrie
Senior Director, Treasury
Tableau Software, Inc.
# T C 1 8
IT @Tableau | Effectively managing IT finances with Tableau
R E L AT E D S E S S I O N S
Thursday | 10:45am – 11:45am | MCCNO – L2 - 214
ScotiaBank | Taking market risk and the
Trading floor digital with TableauThursday | 12:30pm – 1:30pm | MCCNO – L2 - 240
What is Treasury?• Treasury is the central bank of a corporation and is
responsible for managing the financial risks and enhancing financial controls for the organization
• Tableau’s Treasury team helps Tableau grow by building the financial transaction infrastructure that the business groups and company need and ensuring that financial risks are managed and mitigated
What Tableau Treasury does• Manage all banking relationships, banking services, bank accounts and
liquidity structures including compliance (KYC\AML\FBAR)
• Payment processing and payment optimization (how we pay)
• Receipt processing and optimization (how we collect)
• Liquidity management including cash forecasting & subsidiary funding
• Investments (what & how we invest excess cash)
• Foreign Exchange (how we manage & mitigate FX risks)
• eCommerce\Merchant Services (how customers pay via cards)
• Share repurchase program
Agenda
• Cash Management – How Tableau has removed friction of getting data and added enrichment for analysis
• Payments– How we monitor our outbound payments and drive improvements on beneficiary bank data
• Corporate Card Management – How Tableau employees use cards and how we manage compliance
• Treasury trends to watch
• Key Messages & Lessons Learned
• Q&A
How do you manage & mitigate risk?
• Data! – need data at the transaction level
• Transparency – give me the data that I need to understand the risk
• People – allow the team to build the analytics that they need
• Process – develop flexible workflows
• Systems – give people the tools they need to analyze the data
• Data! – more data, lot’s of data
ERP, Planning, Sales, Credit &
Collections, ALM, Procurement &
Control\Audit Systems
Outbound to CFE:
• Acctg Balance Sheet FX Rates
• Acctg Income Stmt\Accrual
Rates
• Acctg Consolidation\Translation
Rates
• Equity\Other Acctg Rates
• Open A/P & A/R invoices (or
summary data)
• Open Purchase & Sales
Order’s (or summary data)
• Balance Sheet accounts in
Transactional & Functional
Currency by Entity & Period
• Flag for B/S Accts that are Re-
measured to P&L
• Income Statement accounts in
Transactional & Functional
Currency by Entity & Period
• A/P payment files (ACH,
PAIN.001.xml, other)
• A/P Controlled Disbursement
Checks Issued file
• A/R Direct Debit files
(PAIN.008.xml, BoE)
Inbound from CFE:
• Bank Smts (prior day)
• Lockbox receipts
• Journal Entries for Treasury
deals & bank stmt transactions
• Intercompany Invoices paid via
I/C Netting
ERP Systems
• NetSuite
• Workday
• Xero
• Oracle
• PeopleSoft
• SAP
• Intacct
• MSFT Dynamics
• QAD\MFG Pro
• Lawson
• Accumatica
FP&A Planning Systems
• Anaplan
• Hyperion
• Others
Credit\Collections\Sales Systems:
• SalesForce.com
• MSFT Dynamics CRM
• FIS\Sungard GetPaid
• CreditPoint
• Others
Asset Liability Mgmt Systems:
• FiServ/IPS Sendero
Procurement\Expense Mgmt
• Concur
• Coupa
Control & Audit:
• BlackLine
Conference\Event Mgmt:
• Certain
• Cvent
HR Data
Outbound to CFE:
• Summary payroll amounts
• Payroll Tax
• 401K\FSA\HSA contributions
• ESPP cash transfers
• Stock Option Exercise\RSU
HR Systems
• ADP
• Workday
• Ceridian
• Paychex
• PeopleSoft
Equity Systems
• Schwab
• Fidelity
• Merrill Lynch
Commission Management:
• Varicent
Market Data
Foreign Exchange Rates:
• Spot & Forward rates
• Fixing rates
• Benchmark rates
• FX Index rates
• Volatilities
• Volatility Surface
Interest Rates:
• IR curves
• Comm Paper rates\
benchmark rates
• Benchmark Bond rates
Money Market Rates:
• Daily Dividend Factor
• Attributes (7 Day Yld,
Expense Ratio, AUM, etc)
• Floating NAV
• Daily fund holdings
Commodity Prices:
Counterparty Risk Data:
• Credit Default Swap Rates
• Tier 1 Capital Ratings
• Bond\Equity values
Equity Rates:
• Stock prices
• Indexes
Credit Ratings:
• S&P
• Moodys
• Fitch
• DBRS
• Others
Entity Financial & Credit Data:
• CreditRiskMonitor.com
• Rapid Ratings
• Dunn & Bradstreet
• S&P Capital IQ
• Dow Jones Factiva
• Others
Global Banking Holidays:
• Copp-Clark
• SWIFT
Market Data Vendors:
• Thomson Reuters
Datascope (API & SFTP)
• Bloomberg Data License
(API & SFTP)
• WM/Reuters FX Fixing
• Oanda (FX) (AWS API)
• Xignite (AWS API)
• SIX Telekurs
• ICE Securities Evaluation
(S&P)
• Factset
• Numerix (Derivatives)
• Fincad (Valuations)
• IHS Markit
• Money.net
Foreign Exchange Trading
Outbound to CFE:
• FX Trades
• FX Confirmations
• End-of-Day Holdings (Position
& MtM Recon)
Inbound from CFE:
• FX Trades to be Executed
• FX Trade Reporting for Dodd-
Frank, EMIR, MiFID II, etc.
Trading & Settlement Systems:
• Fxall (Trade Center &
Settlement Center)
• 360T
• Misys (FX confirmations)
• Bloomberg FXGO
• CLS
• Currenx
• Banking platforms & voice
trades
FX & Derivative Accounting
Systems:
• HedgeTrackers
• Chatham Financial
• FX Gain\Loss analytics\
attribution
Banking &
Data M
essaging Bus
SW
IFT
/ AP
Is / Secure F
TP
/ Host-to-H
ost
Merchant Services\
Ecommerce
Outbound to CFE:
• All transactions
• All settlements
• Interchange Analysis\
Billing Data
Payment Gateways:
• Stripe
• Square
• PayPal
• Braintree
• Worldpay
• 2Checkout.com
• Sage Pay
• Beanstream
• Paysafe
• Exact
• Cardconnect
• WePay
• Cybersource
• Alipay
• ApplePay
• BlueSnap
• Authorize.Net
• Digital River
• BluePay
Acquirers\Processors:
• Bank of America Merchant
Services (BAMS)
• Citi
• Elavon (US Bank)
• Wells Fargo
• Worldpay
• Fiserv
• Vantiv
• Cielo
• GlobalPayments
• Adyen
• Heartland Payment Sys
• Barclays
• Chase Paymentech
• FirstData
• Tsys
• ACI Worldwide
• FIS
Emerging Technologies:
• TreasuryPay (global
merchant services data
collection)
• Omni payments channels
Tax Data
Outbound to CFE:
• Projected Tax Cash
Payments
Tax Systems
• Avalara
• Vertex
• GlobeTax
Regulatory Reporting:
• FBAR
• FATCA\CRS
Investments
Trading\Accounting\Custody
Money Market Portals:
• ICD
• TreasuryCurve
• Goldman Sachs
• State Street Fund Connect
• Sungard\FIS
• Bank portals\platforms
Fixed Income Trading:
• Tradeweb
• MarketAxess
• BlackRock Aladdin
• Banking platforms & voice
• Bloomberg PORT,
• Bloomberg AIM & MARS
Analytics:
• Kamakura Corp
• Capital Advisors
Accounting & Custody:
• Clearwater Analytics
• Custodian Banks
• DTCC \ Euroclear, others
Corporate P-Card\T&E Card
Outbound to CFE:
• All transactions (fraud &
spend analysis)
• End of day card balance\
limits\status
• All settlements (mapped to
bank account being
debited)
Issuers:
• SVB
• HSBC
• Citi
• Bank of America
• US Bank
• Chase
• American Express
• Barclays
• PNC
• Capital One
• Wells Fargo
• TD Bank
• Others
Corporate Payments:
• Nvoicepay
• Virtual Card Numbers
(VCN’s)
Compliance\KYC\AML
KYC\KYB\KYP Services:
• KYC.com
• SWIFT KYC Registry
• Bloomberg KYC
• Thomson Reuters Org ID
• Thomson Reuters World-
Check
• Regulatory Data Corp
• Exiger
• Corlytics
• Early Warning
Derivatives & Regulatory
Compliance:
• KYC.com (fka Markit
Counterparty Manager)
• GEMI Utility
• SWIFT LEI Registry
• GLEIF
• Thomson Reuters Accelus
Payments AML\PEP\CTF\
Sanctions\OFAC Filtering:
• SWIFT Sanctions
Screening
• NICE Actimize
• Dow Jones Risk &
Compliance
• Fircosoft
• Accuity
• LexisNexis
• Experian
• Trulioo\Socure
Emerging Technologies &
Trends
Business Intelligence\
Analytical Tools:
• Tableau
Blockchain\Distributed
Ledger Technology:
• Massive investment by
Investment Banks &
industry infrastructures
• Smart contracts
• Trade Services
• Foreign Exchange
• Payments
• Securities settlements\
Collateral
• Subsidiary\Legal Entity
Data
• Etherium
Artificial Intelligence\Machine
Learning\Predictive
Analytics:
• Internet of Things (IoT)
• Micro payment services
Application Programming
Interfaces (API’s):
• JSON\REST
• PSD2 (Europe)
Payment Systems &
Networks
Primary Payment Systems &
Networks:
• SWIFT
• Fedwire
• NACHA (US)
• BACS\CHAPS\Faster
Payments (UK)
• EBA\SEPA\PSD2
Alternative & Emerging
Payment Systems &
Networks:
• Transferwise
• Ripple
• Earthport
• Worldremit
• Kantox & Oanda
• Blockchain\Distributed
Ledger based services
Insurance Policy & Coverage
Data
• Corporate Insurance
Policy Tracking & Mgmt
System
• Document management &
digital signatures
Corporate Financial
Ecosystem
Powered by Tableau
Banking Cash & Payments
Management Interfaces &
Data Exchanges
Payments & Direct Debits:
• High value wires
(domestic & cross border)
• Domestic ACH
• International ACH (USD)
• SEPA & PSD2
• Checks Issued
• Payment Status Reports
(PSR’s)
• P-Card & T&E Card
Activity and Balance Due
for Billing Period
• SWIFT gpi
Statement Reporting:
• End of Day (aka Prior
Day) Stmts
• Current Day Stmts
• Confirmation of Debit\
Credit Transactions
• Lockbox Activity Stmts
• Month End Stmts
(eStatements)
• Month End Account
Analysis Billing Stmts
• Investment Acct Stmts
• Paid checks report
• Outstanding checks
• Returned items
Bank Account Management:
• Electronic Bank Acct
Mgmt (eBAM)
• Secure Document
Exchange*
• Digital identity (3SKey)
Connectivity Channels:
• SWIFT
• Secure FTP
• API’s
• Host-to-Host
• Aggregators: Finicity\Mint\
Plaid\Yodlee
Banking Investments\
Derivatives\Trade Services
Management
Investments:
• Trade Confirmations
• Daily activity\transactions
• End-of-Day Holdings\
Positions
Derivatives:
• ISDA\CSA\PCG tracking
• Trade Confirmations
• LEI\Dodd-Frank\EMIR
• Novation Mgmt
• End-of-Day Holdings\
Positions\MTM Recon
Trade Services:
• Letters of Credit\Bank
Guarantees
• SWIFT MT798 & ISO
20022 XML
• Secure Document
Exchange\Document
Mgmt
• Workflow
• End-of-Day reporting on
outstanding deals\
transactions
Collateral Management:
• Valuations
• Cash movements\
settlements (wires)
• Securities movements
• Collateral Agents (banks)
Other Activity:
• Corporate Actions
• Credit Facility Mgmt
• Digital document
management & signing
• Intercompany Agreement
Mgmt
User Management
Personas:
• System Administrator
• System User
• Bank Account Signer
• Payment Approver
(Electronic & Written)
• Legal Entity Officer or
Director
• Corporate T&E and\or P-
Card Holder
• Authorized Trader by
Instrument Type & Limit
• Online banking system
(portal) user and\or
Administrator
• Authorized bank contact
Workflow:
• Data inputter
• Data reviewer
• Data approver 1 & 2Supply Chain Finance
• Bank Guarantees (Trade
Finance)
• SCF Dynamic Discounting
& Reverse Factoring
• Working Capital Analysis\
Metrics
Document Management
Digital Signatures & Document
Management:
• Adobe Sign (EchoSign)
• DocuSign
• iCertis
Treasury Management Systems
Cloud Based TMS:
• Reval (ION)
• Kyriba
• TreasuryCurve
Hosted\On Premise TMS:
• IT2 (ION)
• City Financials (ION)
• Treasura (ION)
• GTreasury
• Bellin
• Bloomberg TRM (??)
• FIS Sungard Quantum
• FIS Sungard Integrity
• Wall Street Suite (ION)
• Orbit
• Financial Sciences Atom
• TIS
• TreasuryXpress
• Salmon Treasurer
• OpenLink
• TreasuryTree (Axeltree)
• SAP ERP Treasury Module
• Hanse Orga (SAP)
Other Specialty Providers:
• Tesorio
• CashForce
Banking\Capital Mkts Portals
• BAML Mercury
• Citi Velocity
• Goldman Sachs 360
• J.P. Morgan Markets
• Morgan Stanley
• Wells Fargo Research
• Credit Suisse
• BNP Paribas
ERP, Planning, Sales, Credit &
Collections, ALM, Procurement &
Control\Audit Systems
Outbound to CFE:
• Acctg Balance Sheet FX Rates
• Acctg Income Stmt\Accrual
Rates
• Acctg Consolidation\Translation
Rates
• Equity\Other Acctg Rates
• Open A/P & A/R invoices (or
summary data)
• Open Purchase & Sales
Order’s (or summary data)
• Balance Sheet accounts in
Transactional & Functional
Currency by Entity & Period
• Flag for B/S Accts that are Re-
measured to P&L
• Income Statement accounts in
Transactional & Functional
Currency by Entity & Period
• A/P payment files (ACH,
PAIN.001.xml, other)
• A/P Controlled Disbursement
Checks Issued file
• A/R Direct Debit files
(PAIN.008.xml, BoE)
Inbound from CFE:
• Bank Smts (prior day)
• Lockbox receipts
• Journal Entries for Treasury
deals & bank stmt transactions
• Intercompany Invoices paid via
I/C Netting
ERP Systems
• NetSuite
• Workday
• Xero
• Oracle
• PeopleSoft
• SAP
• Intacct
• MSFT Dynamics
• QAD\MFG Pro
• Lawson
• Accumatica
FP&A Planning Systems
• Anaplan
• Hyperion
• Others
Credit\Collections\Sales Systems:
• SalesForce.com
• MSFT Dynamics CRM
• FIS\Sungard GetPaid
• CreditPoint
• Others
Asset Liability Mgmt Systems:
• FiServ/IPS Sendero
Procurement\Expense Mgmt
• Concur
• Coupa
Control & Audit:
• BlackLine
Conference\Event Mgmt:
• Certain
• Cvent
• Eventcore
HR Data
Outbound to CFE:
• Summary payroll amounts
• Payroll Tax
• 401K\FSA\HSA contributions
• ESPP cash transfers
• Stock Option Exercise\RSU
HR Systems
• ADP
• Workday
• Ceridian
• Paychex
• PeopleSoft
Equity Systems
• Schwab
• Fidelity
• Merrill Lynch
Commission Management:
• Varicent
Market Data
Foreign Exchange Rates:
• Spot & Forward rates
• Fixing rates
• Benchmark rates
• FX Index rates
• Volatilities
• Volatility Surface
Interest Rates:
• IR curves
• Comm Paper rates
• Benchmark Bond rates
Money Market Rates:
• Daily Dividend Factor
• Attributes (7 Day Yld,
Expense Ratio, AUM, etc)
• Floating NAV
• Daily fund holdings
Commodity Prices:
Counterparty Risk Data:
• Credit Default Swap Rates
• Tier 1 Capital Ratings
• Bond\Equity values
Equity Rates:
• Stock prices
• Indexes
Credit Ratings:
• S&P
• Moodys
• Fitch
• DBRS
• Others
Entity Financial & Credit Data:
• CreditRiskMonitor.com
• Rapid Ratings
• Dunn & Bradstreet
• S&P Capital IQ
• Dow Jones Factiva
• Others
Global Banking Holidays:
• Copp-Clark
• SWIFT
Market Data Vendors:
• Thomson Reuters
Datascope (API & SFTP)
• Bloomberg Data License
(API & SFTP)
• WM/Reuters FX Fixing
• Oanda (FX) (AWS API)
• Xignite (AWS API)
• SIX Telekurs
• ICE Securities Evaluation
(S&P)
• Factset
• Numerix (Derivatives)
• Fincad (Valuations)
• IHS Markit
• Money.net
Foreign Exchange Trading
Outbound to CFE:
• FX Trades
• FX Confirmations
• End-of-Day Holdings (Position
& MtM Recon)
Inbound from CFE:
• FX Trades to be Executed
• FX Trade Reporting for Dodd-
Frank, EMIR, MiFID II, etc.
Trading & Settlement Systems:
• Fxall (Trade Center &
Settlement Center)
• 360T
• Misys (FX confirmations)
• Bloomberg FXGO
• CLS
• Currenx
• Banking platforms & voice
trades
FX & Derivative Accounting
Systems:
• HedgeTrackers
• Chatham Financial
• FX Gain\Loss analytics\
attribution
Banking &
Data M
essaging Bus
SW
IFT / A
PIs / S
ecure FTP
/ Host-to-H
ost
Merchant Services\
Ecommerce
Outbound to CFE:
• All transactions
• All settlements
• Interchange Analysis\
Billing Data
Payment Gateways:
• Stripe
• Square
• PayPal
• Braintree
• Worldpay
• 2Checkout.com
• Sage Pay
• Beanstream
• Paysafe
• Exact
• Cardconnect
• WePay
• Cybersource
• Alipay
• ApplePay
• BlueSnap
• Authorize.Net
• Digital River
• BluePay
Acquirers\Processors:
• Bank of America Merchant
Services (BAMS)
• Citi
• Elavon (US Bank)
• Wells Fargo
• Worldpay
• Fiserv
• Vantiv
• Cielo
• GlobalPayments
• Adyen
• Heartland Payment Sys
• Barclays
• Chase Paymentech
• FirstData
• Tsys
• ACI Worldwide
• FIS
Emerging Technologies:
• TreasuryPay (global
merchant services data
collection)
• Omni payments channels
Tax Data
Outbound to CFE:
• Projected Tax Cash
Payments
Tax Systems
• Avalara
• Vertex
• GlobeTax
Regulatory Reporting:
• FBAR
• FATCA\CRS
Investments
Trading\Accounting\Custody
Money Market Portals:
• ICD
• TreasuryCurve
• Goldman Sachs
• State Street Fund Connect
• Sungard\FIS
• Bank portals\platforms
Fixed Income Trading:
• Tradeweb
• MarketAxess
• BlackRock Aladdin
• Banking platforms & voice
• Bloomberg PORT
• Bloomberg AIM & MARS
Analytics:
• Kamakura Corp
• Capital Advisors
Accounting & Custody:
• Clearwater Analytics
• Custodian Banks
• DTCC \ Euroclear, others
Corporate P-Card\T&E Card
Outbound to CFE:
• All transactions (fraud &
spend analysis)
• End of day card balance\
limits\status
• All settlements (mapped to
bank account being
debited)
Issuers:
• SVB
• HSBC
• Citi
• Bank of America
• US Bank
• Chase
• American Express
• Barclays
• PNC
• Capital One
• Wells Fargo
• TD Bank
• Others
Corporate Payments:
• Nvoicepay
• Virtual Card Numbers
(VCN’s)
Compliance\KYC\AML
KYC\KYB\KYP Services:
• KYC.com
• SWIFT KYC Registry
• Bloomberg KYC
• Thomson Reuters Org ID
• Thomson Reuters World-
Check
• Regulatory Data Corp
• Exiger
• Corlytics
• Early Warning
Derivatives & Regulatory
Compliance:
• KYC.com (fka Markit
Counterparty Manager)
• GEMI Utility
• SWIFT LEI Registry
• GLEIF
• Thomson Reuters Accelus
Payments AML\PEP\CTF\
Sanctions\OFAC Filtering:
• SWIFT Sanctions
Screening
• NICE Actimize
• Dow Jones Risk &
Compliance
• Fircosoft
• Accuity
• LexisNexis
• Experian
• Trulioo\Socure
Emerging Technologies &
Trends
Business Intelligence\
Analytical Tools:
• Tableau
Blockchain\Distributed
Ledger Technology:
• Massive investment by
Investment Banks &
industry infrastructures
• Smart contracts
• Trade Services
• Foreign Exchange
• Payments
• Securities settlements\
Collateral
• Subsidiary\Legal Entity
Data
• Etherium
Artificial Intelligence\Machine
Learning\Predictive
Analytics:
• Internet of Things (IoT)
• Micro payment services
Application Programming
Interfaces (API’s):
• JSON\REST
• ISO 20022 XML elements
Payment Systems &
Networks
Primary Payment Systems &
Networks:
• SWIFT
• Fedwire
• NACHA (US)
• BACS\CHAPS\Faster
Payments (UK)
• EBA\SEPA\PSD2
Alternative & Emerging
Payment Systems &
Networks:
• Transferwise
• Ripple
• Earthport
• Worldremit
• Kantox & Oanda
• Blockchain\Distributed
Ledger based services
Insurance Policy & Coverage
Data
• Corporate Insurance
Policy Tracking & Mgmt
System
• Document management &
digital signatures
Corporate Financial
Ecosystem
Powered by Tableau
Banking Cash & Payments
Management Interfaces &
Data Exchanges
Payments & Direct Debits:
• High value wires
(domestic & cross border)
• Domestic ACH
• International ACH (USD)
• SEPA & PSD2
• Checks Issued
• Payment Status Reports
(PSR’s)
• P-Card & T&E Card
Activity and Balance Due
for Billing Period
• SWIFT gpi
Statement Reporting:
• End of Day (aka Prior
Day) Stmts
• Current Day Stmts
• Confirmation of Debit\
Credit Transactions
• Lockbox Activity Stmts
• Month End Stmts
(eStatements)
• Month End Account
Analysis Billing Stmts
• Investment Acct Stmts
• Paid checks report
• Outstanding checks
• Returned items
Bank Account Management:
• Electronic Bank Acct
Mgmt (eBAM)
• Secure Document
Exchange*
• Digital identity (3SKey)
Connectivity Channels:
• SWIFT
• Secure FTP
• API’s
• Host-to-Host
• Aggregators: Finicity\Mint\
Plaid\Yodlee
Banking Investments\
Derivatives\Trade Services
Management
Investments:
• Trade Confirmations
• Daily activity\transactions
• End-of-Day Holdings\
Positions
Derivatives:
• ISDA\CSA\PCG tracking
• Trade Confirmations
• LEI\Dodd-Frank\EMIR
• Novation Mgmt
• End-of-Day Holdings\
Positions\MTM Recon
Trade Services:
• Letters of Credit\Bank
Guarantees
• SWIFT MT798 & ISO
20022 XML
• Secure Document
Exchange\Document
Mgmt
• Workflow
• End-of-Day reporting on
outstanding deals\
transactions
Collateral Management:
• Valuations
• Cash movements\
settlements (wires)
• Securities movements
• Collateral Agents (banks)
Other Activity:
• Corporate Actions
• Credit Facility Mgmt
• Digital document
management & signing
• Intercompany Agreement
Mgmt
User Management
Personas:
• System Administrator
• System User
• Bank Account Signer
• Payment Approver
(Electronic & Written)
• Legal Entity Officer or
Director
• Corporate T&E and\or P-
Card Holder
• Authorized Trader by
Instrument Type & Limit
• Online banking system
(portal) user and\or
Administrator
• Authorized bank contact
Workflow:
• Data inputter
• Data reviewer
• Data approver 1 & 2Supply Chain Finance
• Bank Guarantees (Trade
Finance)
• SCF Dynamic Discounting
& Reverse Factoring
• Working Capital Analysis\
Metrics
Document Management
Digital Signatures & Document
Management:
• Adobe Sign (EchoSign)
• DocuSign
• iCertis
Treasury Management Systems
Cloud Based TMS:
• Reval (ION)
• Kyriba
• TreasuryCurve
Hosted\On Premise TMS:
• IT2 (ION)
• City Financials (ION)
• Treasura (ION)
• GTreasury
• Bellin
• Bloomberg TRM (??)
• FIS Sungard Quantum
• FIS Sungard Integrity
• Wall Street Suite (ION)
• Orbit
• Financial Sciences Atom
• TIS
• TreasuryXpress
• Salmon Treasurer
• OpenLink
• TreasuryTree (Axeltree)
• SAP ERP Treasury Module
• Hanse Orga (SAP)
Other Specialty Providers:
• Tesorio
• CashForce
Banking\Capital Mkts Portals
• BAML Mercury
• Citi Velocity
• Goldman Sachs 360
• J.P. Morgan Markets
• Morgan Stanley
• Wells Fargo Research
• Credit Suisse
• BNP Paribas
NetSuite
Bank Acct Recon to G\L
Accts Payable
Accts Receivable
Purchase\Sales Orders
S.W.I.F.T.
Global Banking Communications & Financial Systems
Market Data
FX, IR, MMF rates
Banking Holiday
Calendar
Treasury Management System
Internet
Foreign Exchange
Trading
Foreign Exchange
Settlements
$
Global Bank
Formats: BAI2, CAMT.053,
PAIN.001, CSV stmt for A/R
Cash App
$
Domestic Bank
Formats:
BAI2,CAMT.053, Lockbox
stmts & images, eStmts,
EDI 822, SEMT.002\006
$
Foreign Bank
$
Foreign Bank
Formats: CAMT.053
$
Foreign Bank
Formats: BAI2,
CAMT.053, eStmts,
CAMT.086, EDI822
$
Global Bank
$
Future
Banking Relationships
Coupa
PO Management
A/P Invoice
Capture and Approval
Workflow
Journal Entries, FX Acct Rates,
Open A/P & A/R invoicesBlackLine
eCommerce
Merchant Services 1
eCommerce
Merchant Services 2
Settlement
Financial Master
Data Warehouse
Settlement
Bank Statement
Reconciliation
A/R Cash
ApplicationAR stmts
EOD
Stmts
A/P Payments
Controlled Disbursement
Positive Pay file
Formats: BAI2 prior day stmts, A/
R stmts, eStmts, Acct Analysis
stmts
$
Domestic bank
Proprietary Connection
P-Card and T&E
Card Transaction &
Balances
Settlement
Concur
Expense Management
Settlement
Daily Global Visibility to Bank Accounts• Demonstration data. Not
actuals
• Prior Day BAI2 & CAMT.053.xml
• Received via SWIFT or SFTP
• Import 2X per day
• Alteryx to map data into AWS Redshift
• Visibility
• 99.9% daily visibility to global cash balances & transactions
• Central ‘Source of Truth’ for bank accounts
• Reduce usage of banking portals
Daily Global Visibility to Bank Accounts
• Demonstration data. Not actuals
• Understand cash composition trends over time
• Drill into outliers to understand drivers
Data Integrity & Analytics
• Demo data set. Not actual results
• Use Level of Detail formula to support data integrity
• Dashboard uses both Balance and Transaction records
• Opening Ledger + Sum of Credits – Sum of Debits – Closing Ledger = 0
Cash Analytics
• Demo data set. Not actual results
• Allow a user to input a text string and search across all transactions
• Take the friction out of searching across thousands of transactions to find those that are relevant for the users need
Cash Analytics
• Demo data set. Not actual results
• Easily monitor transaction activity levels
• Identify idle\low activity accounts for potential closure
Cash Analytics
• Demo data set. Not actual results
• Heatmap on transaction types
• All non-USD transactions converted using Accounting FX rate
Cash Analytics – Data Enrichment
• Enrich bank statement transactions with Cash Flow Type and Cash Flow SubType codification
• 12 Cash Flow Types (AP, AR, PR, FX, TX, IC, IN, IV, etc.)
• 150 Cash Flow Sub Types
• Rules based on:
• Bank account number
• Bank transaction code (BAI or ISO 20022 XML)
• Transaction Narrative text
• Tableau populates the six character CFT\CFST value in all outbound manual payments
• ~2,100 transaction categorization rules
• Significantly enhances our cash analytics, can look at:• Totals, Averages, High, Low, trends
• Future use in forecasting
Cash Analytics
• Demo data set. Not actual results
• All bank statement transactions are assigned a ‘Cash Flow Type’ and ‘Cash Flow Sub-Type’ categorization code
• Categorization code allows us to define what the transaction means to Tableau
• Categorization rules allow us to significantly enhance our analytics
Cash Analytics
• Demo data set. Not actual results
• Transactions without a corresponding categorization rule as coded as ‘Undefined’
Cash Analytics
What’s next? Blending multiple data sources to support forecasting:
• Pending A/P invoices from NetSuite (ERP)
• Open A/P invoices from Coupa (not yet synched to ERP)
• Pending A/R from NetSuite
• Investment portfolio cash flows (Clearwater Analytics)
• Foreign Exchange (FXall)
• eCommerce cash flows (settlements)
• Corporate card cash flows (settlements)
• Payroll related data
• Purchase & Sales orders (Coupa, NetSuite)
Payments Management
• Goal
• Every payment where possible is initiated from Tableau’s NetSuite ERP system using the PAIN.001.001.03.xml (ISO 20022 XML) payment format and transmitted to the bank
• EndtoEndId value of each payment is the unique key that links everything together
• Links NetSuite, payment batch, payment instruction & bank statements
• Minimize manual payments via online banking portals
• Provide as much data as possible in the payment files
• Ensure banking partners support ‘data overpopulation’
• Leverage payment files for analytics, data integrity and compliance
Payments Lookup
• Demo data. Not actual results
• PAIN.001.xml files are imported into Financial Master allowing user to see what each payment instruction contains
• Identify missing or invalid values
• Flexible architecture that lets us bring in additional data as needed to create the analytics that are relevant to our teams
Payment History
• Demo data. Not actual results
• Show previously sent payments to each beneficiary including all relevant beneficiary bank account data
• Identify if beneficiary bank data has changed over time, is invalid or missing
Payment Batch Summary
• Demo data. Not actual results
• Allows users to understand historical payment batches processed for each subsidiary
• Link batch amounts to short term cash forecast by bank account
Understand Payment Flows & Payment Corridors
• Demo data. Not actual results
• Sankey diagram
• Shows which countries payments are being initiated from and going to
• Show relative value of the payment flows
• Helps identify payment or FX inefficiencies
Payments Management – Future State
• Transmit payments via SWIFT FileAct
• Import PAIN.002.xml Payment Status Reports
• Need Level I and Level II Payment Status Reports
• Link to SWIFT gpi payment tracking database
• Expect SWIFT gpi to be opened for direct corporate access in 2019
• Have real-time end-to-end payment tracking capability
• Expose payment tracking data in supplier portal
• Cross reference master data against SWIFTRef reference data service
• Ensure all SWIFT BIC codes, local clearing system ID’s and local clearing system codes are valid
Trends
• API’s• Significant investment by banks
• Focused on transactions (payments & statuses, FX trades, market data)
• What other processes (i.e. acct opening\acct mgmt.) can be leveraged?
• Payment Systems Changes• Move to ISO 20022 XML and real time for payment processing (Canada, US Fedwire,
NACHA\ACH)• PSD2 and new entrants & capabilities (Blockchain\DLT)
• Security\Compliance\Regulatory\Fraud Preventiondriven by regulatory requirements, remittance\reconciliation data
and Straight-Through-Processin
• Real-time end-to-end audit trail, cross reference against banking master data & watchlist’s
• Big Data & Analytics
• What’s hidden in your data? What do you want to know?
Key Messages
• Tableau is a platform
• Flexible workflows• Legacy systems force users into fixed workflows with static reporting• Tableau allows for flexible, user-defined workflows which enhance user interaction and data
driven outcomes
• Transactional level data is key• Analytics should be built to allow users to drill into transaction level data in order
• Remove friction for users and find additional uses for data• Are there others within your organization who work with the same data
Resources
• Tableau Webinar: Modern approach to cash flow analysis
• https://www.tableau.com/learn/webinars/modern-approach-cash-flow-analysis
• Tableau blog: How analytics helps cash flow management by uncovering key details
• https://www.tableau.com/about/blog/2018/6/how-analytics-helps-cash-flow-management-uncovering-key-details-89269?__src=liftigniter&__widget=learn-recs-li&li_source=LI&li_medium=learn-recs-li
• Treasury Today 2018 Adam Smith Award: Harnessing the Power of Technology
• http://treasurytoday.com/adamsmith/2018/winners/hpt-winner-tableau-software-inc