Cost optimization is one of the top priorities for treasurers and CFOs. Most companies struggle to understand these opportunities because it is difficult to gather and structure the costs in order to accurately identify and take advantage of opportunities to improve. Xploritas allows you to add any product or service from a financial institution according to the corresponding fee structure and time period. Its complete flexibility enables the aggregation of your products into any combination, giving you the best and most actionable insights into your cost structures. Besides costs, Xploritas also automatically calculates the capital your banks are required to set aside using the Basel frameworks of the Basel Committee on Banking Supervision (BCBS). Understanding the capital requirements of your product portfolio is essential as banks tend to look for products with no or a minimum capital requirement.
Capital can only be allocated once and, therefore, banks look to use their capital for products with the best margins, or, even better, sell products and services that do not require any capital at all. The application automatically plots all your products, per bank, across your company’s entire banking landscape. Xploritas graphs give you an instant overview of all your banks with customizable and detailed drill-down options based on your needs.
