UK-headquartered Planixs announced the introduction of artificial intelligence (AI) technology into its existing product suite, Realiti, which is built on cloud native tech platform Graphite.
Graphite already contains built-in machine learning and data science, but will now include advanced AI technology to take its cash, collateral and liquidity management products “to the next level” across Treasury, Risk and Operations, according to a company statement.
This includes capabilities such as: forecasting intraday balances based on historical profiles and booked activity; optimizing liquidity positions by identifying opportunities to sweep balances, throttle payments and generate cash via same-day repos; and providing early warning of issues as balances deviate from forecast.