BNP Paribas Securities Services has announced the launch of Liquidity Access, a solution designed to help banks and broker dealers manage and monitor their liquid assets.

The launch comes as new regulations, such as Basel III and Dodd Frank, require market participants to hold more liquid assets, closely monitor their liquidity ratios and anticipate the evolution of their liquidity positions. 

"We are seeing huge demand from our clients to help them rethink the way they manage and monitor their liquid assets. The market is changing and so are we. We have devised a comprehensive liquidity solution, which enables our clients to anticipate their liquidity needs, take advantage of new liquidity facilities and optimise their cashflows,” said Florence Bonnevay, head of market and financing services at BNP Paribas Securities Services.

Liquidity Access is based around three pillars: anticipate, optimise and leverage.

The service includes tools such as treasury cash forecasts, an intra-day liquidity reporting service, a range of cash consolidation solutions and a consolidated view of accounts across jurisdictions.