Standard Chartered Bank today announced that it was rolling out a series of cash management enhancements that significantly improves the ability to manage working capital. Tehey are designed to deliver increased visibility and control of the balance sheet, the solutions are a result of client feedback and the bank's in-depth understanding of Asia, Africa and the Middle East markets.

Over the next five years, clients will be able to access innovative solutions that offer industry-leading capabilities across liquidity management and account services, payments, collections and global billing solutions on standardised platforms. Clients can also expect to benefit from unrivalled service consistency through a standardised working capital view across cash, trade, loans and FX for improved navigation across the diverse and complex regulatory landscape.

Kicking off the roll out, Standard Chartered will be introducing new liquidity capabilities by end 2012. Features of this roll out will include:

• global liquidity capabilities to optimise cash globally including expanded multi-bank concentration and multi-currency notional pooling solutions;
• simulation of liquidity management scenarios prior to execution with the ability to add in forecasted cash movements;
• improved visibility and control of Intercompany loan limits;
• improved transparency and control of inward and outward FX transactions across our entire network with an emphasis on emerging-market currencies; and
• improved yield through enhanced interest optimisation features and investment sweep options.