The management of cash across a bank’s estate is difficult, complex and time-consuming. Branch cashiers like to have lots of cash available, there is a need to control balances – and the associated cost, whilst numerous factors complicate demand forecasting: from local events to seasonal variations.
Bespoke Bank Solution
We have evidenced that managing bank cash using clerical staff with standard off-the-shelf software fails to maximise the value available versus optimised cash management. CMS’ approach is to drive down your cost of cash by providing a bespoke service from a team of experienced mathematicians using client-specific models.
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