Post successful implementation of BALM, ibq chooses to implement Surya’s FTP solution.

FTP enables banks to gain insights into profitability and incentivize business units. It also enables banks to price credit, liquidity, and interest rate risk.
   Surya announces the opening of its subsidiary office in the USA. This will enable Surya to accelerate its growth in the US market and service clients locally.

The US entity specializes in providing software products in the area of financial risk management for banks and hedge funds.
Surya has successfully implemented BALM at seven Regional Rural Banks sponsored by Central Bank of India. These banks have an aggregate of more than 1,700 branches spread across seven states.

BALM’s analytical capabilities enable the banks to manage interest rate risk, market risk, liquidity risk. BALM provides ALM related regulatory reports that need to be submitted to the central bank.

   ibq offers full range of retail, corporate and private banking products and services.

Surya is pleased to announce completion of BALM implementation at ibq in a short span of nine weeks.

BALM helps banks measure and manage liquidity risk, interest rate risk, perform balance sheet and generate regulatory reports.
Ratnakar Bank has been using BALM for more than 10 years. This is the third time the bank is upgrading to a newer version.

The latest version of BALM helps Bank to comply with newer regulatory reporting requirements such as IRS-T, IRS-D, NII Projection and EaR Parallel Shift. BALM provides facility to export reports in XML formats that may be directly uploaded to Reserve Bank of India website.
Surya is pleased to announce completion of second phase of treasury automation project in Welspun. Welspun is a USD 3 billion diversified group with global leadership in Line Pipe and Home Textile. In this phase, Surya implemented Trade Finance, Loans, Bank Relationship Management and Cash Flow Management modules.

In the first phase, Surya had successfully implemented Forex Risk Management module of CorpTreasury.