How can Everise IMS help non-bank payment service providers, such as Electronic Money Institutions (EMIs) and Payment Institutions (PIs), to manage secure and liquid assets portfolios?
2 min read
Non-bank payment service providers, including Electronic Money Institutions (EMIs) and Payment Institutions (PIs), are able to safeguard customer funds by investing them into secure and liquid assets. This method of safeguarding is becoming more and more popular, as it generates an additional revenue stream for the EMIs and PI, particularly in the EU. Everise IMS provides a structured asset management system that enables these institutions to:
1. Efficient Fund Segregation and Portfolio Management
- Supports segregation of customer funds into dedicated investment portfolios.
- Enables tracking of investment holdings in real-time, making daily reconciliation of the safeguarded secure and liquid assets and change in their value a breeze, ensuring compliance with fund safeguarding requirements.
- Provides a flexible trade booking and settlement module to handle diverse asset classes such as government bonds, treasury bills, and other highly liquid instruments.
2. Regulatory Compliance & Reporting
- Supports automated reconciliation with banks and custodians to ensure proper fund allocation.
- Provides regulatory reporting tools for compliance with PSD2, EMD2L, and local financial authority requirements.
- Allows customized reporting templates for auditors and regulators.
3. Integration with Banking and Payment Systems
- Supports direct integration with core banking systems, SWIFT, and central banks.
- Offers real-time visibility into investment positions and liquidity requirements.
- Ensures automated NAV calculations, allowing payment institutions to manage their investment portfolios efficiently.