What is DBS Treasury Prism?
DBS Treasury Prism is a dynamic, digital solutioning platform that enables corporatetreasurers to simulate treasury and cash management solutions across multiple accounts, currencies and transaction flows, and analyse the reletive benefits and costs. Users will receive real-time, contextual insights on the tax and regulatory environment to help them understand the implications that each solution has on their business. Through the simulation, insights and analysis, users will receive multi-faceted views of potential opportunities and solutions that maximise value for their enterprise.
What can DBS Treasury Prism do?
DBS Treasury Prism allows users to build simulations based on their average balances and flows for a range of international currencies in over 20 markets, using over 30 liquidity and transactional flow management tools. Users can add their bank account balances in a range of international currencies. They can then either build their own simulations using different structures or use the built-in 'Optimise' feature that recommends alternative structures for user to explore and consider. Treasury Prism uses a database of current regulations to validate the simulations, making sure that each solution is implementable.
Who is DBS Treasury Prism for?
DBS Treasury Prism is designed for CFOs, corporate treasurers and their teams. The platform enables treasurers to create and simulate cash management strategies independently or collaboratively, as well as compare and contrast potential solutions to harness the rich experience and expertise across the team.
Where is DBS Treasury Prism available?
DBS Treasury Prism is a cloud-based platform that is available online, offering easy, convenient and secure access to CFOs, corporate treasurers and their teams globally.
How do I start using DBS Treasury Prism?
Simply register for a DBS Treasury Prism account at treasuryprism.dbs.com to get started. You will receive a verification email within five minutes in your registered email address. Simply verify your email address and you can access DBS Treasury Prism. Upon login, you will be guided by our Quick Start Guide on how to create a simulation.
How do I add account(s)?
You can add accounts in over 20 markets, across 20 currencies. For a large number of accounts, you can upload your account balances in a file format.
What are Insights?
As you build your simulations in DBS Treasury Prism, you will receive real-time, contextual insights on current tax and regulatory environment in the areas of opportunities and challenges in setting up accounts and specific cash managmenet structures in the selected markets. The insights will cover the implications on tax and regulation, as well as alternative solutions which you can consider.
We work with a reputable accounting firm for the Insights that are displayed as the simulation is constructed. The Insights data will be updated frequently so that they are always current.
How are Optimisation Scores computed?
Based on the data provided, DBS Treasury Prism will compute and assign each simulation with an Optimisation Score that is derived from an algorithm that takes into account the interest yield and debt, tax, bank fees and corporate costs, helping users quantify the benefits of each structure. The benefit is compared against the least optimised and the most optimised interest benefit and the scores are assigned relative to this.
How do I read the radar chart in the Simulation bar?
The radar chart in the Treasury Prism Simulation bar shows the distribution of the benefits in terms of interest yield, bank fees, corporate costs and borrowing costs of the current simulation. For example, the further out the bank cost is, the higher the savings of bank costs in the simulation.
How is my data in DBS Treasury Prism managed?
The data which you have entered into DBS Treasury Prism is stored in a secured, private cloud infrastructure, hosted with one of the world’s leading cloud service providers. Treasury Prism anonymises the data before using it for benchmarking, and the data is only accessible to designated members of the DBS Treasury Prism team.
If you have more questions, please contact us here.