Corporate treasury dashboard

Tokenised depositTokenised bank deposit

Money you already hold in a normal bank account, represented as a digital token so it can move instantly and around the clock. Nothing new is created — it is the same deposit, in a form software can move and check automatically.

For example: A company has US$10m sitting in its HSBC Hong Kong account. Tokenised, that same US$10m can be moved to its Singapore subsidiary at 2am on a Sunday. The money never left HSBC and no new money was created — only the record of which entity owns it changed.

Settlement

The moment value actually changes hands and the deal is genuinely done — not just agreed, promised, or sitting as pending. Before settlement, someone is still owed something.

For example: You tap your card at 9am and the shop says 'approved'. That is authorisation, not settlement. The money may only actually leave your account two days later — that later moment is settlement.

Reconciliation

Checking that two separate records of the same thing actually agree — for example that the token ledger and the bank's main account system show the same balance. A mismatch is called a break.

For example: Like comparing your receipts against your bank statement at month end. If the statement says HK$4,000 and your receipts total HK$4,200, you have a break and must find the missing HK$200 before closing the books.

Maker-checkerFour-eyes principle

A rule that two different people must be involved in anything sensitive: one to create or request it, a different one to approve it. No single person can act alone.

For example: One treasury analyst prepares a US$5m payment; a second, more senior person must approve it before it goes. Neither can do both, so no single employee can move the money by themselves.

Sanctions screening

Checking every payment's sender, receiver and purpose against government lists of banned people, companies and countries before the money moves.

For example: A payment to 'M. Ivanov' is automatically held because that name resembles someone on a sanctions list. A human then checks whether it is the same person or an innocent match — most are innocent, which is why the review step exists.

TreasurerCorporate treasurer

The person inside a large company responsible for its cash: making sure each part of the business has money when it needs it, spare cash earns something, and currency risk is managed.

For example: A group with offices in six countries has one treasurer deciding each morning which subsidiary needs funding, which has surplus cash to sweep back, and what to do about a weakening currency.

Cut-off time

The daily deadline after which a payment will not be processed until the next business day.

For example: A treasurer realises at 6pm Hong Kong time that the Singapore office needs cash. The payment window closed at 5pm, so the money cannot arrive until Monday — leaving Singapore short all weekend while the cash sits unused in Hong Kong.