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EGAR Global Announces NoCode Treasury Operations and Liquidity Management Solution Implementation at Bank ZENIT

EGAR Global Announces NoCode Treasury Operations and Liquidity Management Solution Implementation at Bank ZENIT

Bank ZENIT, leveraging EGAR Global is NoCode platform, successfully implemented a next-generation Treasury Operations solution built on NoCode and pulling key functionality from EGAR Focus’s range of banking-specific Treasury operations and liquidity management tools. The industry leading NoCode platform adds deep configurability to EGAR’s end-to-end solutions. In recent years, banks and financial institutions have increasingly sought more flexibility and control throughout their front, middle, and backoffice divisions.

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EGAR’s liquidity management solution delivered unparalleled real-time transparency to both incoming and outgoing balances and transactions on the Bank’s correspondent accounts. Leveraging powerful integration frameworks, EGAR NoCode accelerated the high volume of integrations with Bank ZENIT’s internal systems, ensuring key data was de-siloed and accessible for instant liquidity reporting, including for SWIFT payments processing.

Bank ZENIT has utilized EGAR technology since 2016, automating banking operations and consistently delivering value across all deployments. Today Bank ZENIT supports EGAR Focus Trading for financial markets, EGAR Risk & Limits Manager for risk management and limit control, and EGAR Connect for deep integrations between internal systems, external data sources, and execution platforms.

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The EGAR NoCode Treasury solution helps organizations see the full picture of cross-department liquidity and cash flows. NoCode Enterprise Payments seamlessly manages payments and controls liquidity, incorporating data from multi-currency balances across correspondent accounts—nostro and vostro accounts, accounts with regulators, etc.—and their associated cash flows.

Department Head of Short-term Treasury Resources at PJSC Bank ZENIT, Svetlana Loozhenkova noted, “The Treasury automation project is a continuation of the collaboration between Bank ZENIT PJSC and EGAR, which has proved to be a reliable technology partner. [This] EGAR… solution has provided a new level of liquidity management in the Bank that meets the challenges of the financial market and the opportunities of modern technologies.”

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