Why banks need strong liquidity risk management practices?

Basel 3 implementation has impacted banks worldwide, requiring real-time liquidity management and compliance with regulations like BCBS248. Banks face challenges in demonstrating a robust framework and conducting stress testing due to limited ability to access real-time information and modify stress scenarios quickly. TLM Cash and Liquidity Management helps banks manage cash in real-time, reconcile liquidity, and alert for breaches. It offers flexibility for intraday stress testing, addressing operational pro-cesses and providing real-time monitoring, alerts, and regulatory reporting for day-to-day operations.