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What is SyncDay?

SyncDay is a cutting-edge automated platform that focuses on optimizing transfer pricing (TP) processes for finance and tax departments, aiming to minimize manual spreadsheet work, streamline calculations, and unify documentation. Its implementation is designed to be simple and modular, ensuring it can easily adapt to the needs of growing businesses. Key Features of SyncDay: - Automation: The platform automates the calculations and allocations of pricing, ensuring consistency and traceability across different entities and transactions. - Centralization: SyncDay functions as a comprehensive hub for all transfer pricing efforts, including data handling, documentation, and audit trails. - Scenario Modeling: It allows users to conduct intricate what-if analyses and create various reports and models without disrupting the primary models they rely on. - Usability: Crafted with user-friendliness in mind, the platform requires minimal training for finance and tax teams, making it accessible even for those less familiar with specialized TP technology. - Integration: SyncDay is built to integrate smoothly with existing financial systems, such as ERP platforms, thereby boosting overall operational effectiveness. By incorporating these features, SyncDay not only streamlines the management of transfer pricing but also empowers organizations of all sizes to enhance their strategic decision-making processes. This ensures that businesses can adapt swiftly to the evolving landscape of transfer pricing compliance.

What is RiskConfidence?

The RiskConfidence ALM system offers a thorough solution for managing enterprise assets and liabilities (ALM), as well as addressing funds transfer pricing (FTP), liquidity risk, market risk, and Value at Risk (VaR), while also facilitating both business and regulatory reporting. All of these functionalities are integrated into one cohesive platform that employs a unified data source and a consistent engine strategy. This system allows for the organization and categorization of financial instruments on a balance sheet in a hierarchical manner, which is beneficial for applying client behavior models and crafting business forecasts through the chart of accounts (COA) framework. Users are able to set up and manage a rule-based approach for specific balance sheet elements using parameter deal mapping (PDM), enhancing precision in asset management. Additionally, the system provides the flexibility to apply transformation logic to a variety of financial metrics, such as interest rate curves, macroeconomic indices, foreign exchange rates, transaction characteristics, and volatility matrices for thorough scenario analysis. Beyond these features, it also enables users to replicate client behaviors like loan prepayments, renegotiations, loan commitments, transaction rollovers, and early redemption of term deposits, all while considering various influencing factors. This extensive array of functionalities not only fosters informed decision-making and strategic planning within financial organizations but also enhances the overall efficiency of asset and liability management. Ultimately, the system proves invaluable for organizations seeking to navigate the complexities of financial risk management effectively.

Media

Media

Integrations Supported

Oracle Fusion Cloud ERP
SAP ERP
Workday Financial Management

Integrations Supported

API Availability

API Availability

Pricing Information

Variable based on modules and company's complexity

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

Not specified

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

SyncDay

Date Founded

2025

Company Location

Australia

Company Website

www.sync-day.com

Company Facts

Organization Name

Moody's Analytics

Date Founded

2007

Company Location

United States

Company Website

www.moodysanalytics.com/product-list/riskconfidence

Categories and Features

Transfer Pricing

Not specified

Categories and Features

Regulatory Reporting

Not specified

Transfer Pricing

Not specified

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