Intraday Liquidity Monitoring: The Importance of Real-Time and Historic Data

After an energising week at Sibos in Frankfurt, one message stood out from our conversations across a range of firms: the dialogue around intraday liquidity management has intensified considerably.

Firms are moving beyond compliance to focus on how they can optimise real-time liquidity management to reduce funding costs, improve capital efficiency, and strengthen resilience.

Treasury and operations leaders share a clear goal: to move beyond fragmented monitoring and gain a single, enterprise-wide view of liquidity across accounts, venues, and currencies. By combining historic insight with real-time data, they can see the potential to forecast more precisely, manage funding proactively, and orchestrate payments and settlements safely. This balance of context and immediacy gives treasuries the control to optimise liquidity usage, automate decisions, and operate with confidence as transaction cycles accelerate and market windows narrow.

Why Firms Need Real-Time Liquidity Monitoring

1. Data Fragmentation: The Persistent Visibility Challenge

Liquidity data remains fragmented across multiple systems and counterparties. Information from banks, custodians, CCPs, CSDs, and carry brokers often arrives in inconsistent formats and at different intervals, making it difficult for treasury and liquidity teams to maintain a consolidated, real-time view. This fragmented picture increases operational risk – emerging liquidity pressures or exposure shifts can go undetected until they start to disrupt funding or settlement activity.

2. Static Processes Restrict Strategic Control

In many organisations, processes built around batch updates and end-of-day aggregation still limit the ability to act with precision intraday. Without dynamic monitoring and automation, treasury teams struggle to:

• Reduce daily funding requirements and stabilise intraday cash positions.
• Minimise peak net outflows and lower liquidity buffer ratios (LCR).
• Redeploy capital into new intraday or short-term yield opportunities.

The result is familiar: trapped capital, elevated operational risk, and reduced agility in markets where fiat and digital currencies will shortly coexist. As settlement becomes 24/7, so will liquidity movements. 

Evolving Liquidity Strategy Through Real-Time Data and Historic Insight

Forward-thinking institutions are already acting. They recognise that as intraday and digital-market opportunities expand, their ability to access these markets to drive business growth will depend on combining historic insight with real-time intelligence to deliver precise, proactive liquidity management.

Historic Data: Turning Insight into Foresight

Accurate and holistic historic data helps firms determine how and when liquidity is being consumed – by counterparties, business lines, or market events. With access to time-stamped data covering every event and state change, teams can more accurately predict cash ladders and liquidity flows, identify counterparty behavioural trends and assess market impacts on funding requirements across entities and currencies.

Transforming past performance into forward-looking insight, historical data allows institutions to improve forecasting accuracy, enable proactive funding strategies, and strengthen resilience.

Real-Time Data: Delivering Precision and Control

While historic data provides context, real-time data delivers the insight that enables control. It gives treasury teams visibility into exposures, balances, and obligations as they evolve throughout the day, ensuring that the most current, verified information informs every decision.

This live visibility supports payment sequencing and settlement orchestration, helping teams prioritise time-critical transactions, manage liquidity more efficiently, and respond quickly to intraday funding pressures. Combined with historic insight, it creates a continuous feedback loop that allows institutions to anticipate events and act decisively – transforming liquidity management into a strategic strength.

How Baton Delivers Control and Foresight

At Baton, our Monitoring Tools for Intraday Liquidity Management help institutions unify data, strengthen oversight, and enhance control. The modular suite, which includes Balance Manager, Exposure Manager, and our Workflows and Alerts solution, provide treasuries a single, actionable view of global liquidity and collateral positions.

Achieve a Consolidated, Real-Time View of Liquidity

Balance Manager provides a complete, real-time view of all balances in one consistent, analysis-ready structure. It consolidates and reconciles data from all providers across account types, entities, and currencies, delivering a single source of truth.

With this visibility, treasury teams can track balances throughout the day, access time-stamped historic records for audit and analysis, and use accurate data to improve forecasting, LCR management, and funding strategies. The result is stronger control, improved efficiency, and more effective capital deployment.

Monitor Payments and Exposures in Real Time

Many institutions still struggle to see how payments and receipts progress intraday. Unfortunately, reconciliation often happens too late to influence same-day funding decisions.

Exposure Manager closes this gap. It automatically matches expected payments and receipts with actual credits and debits, creating a verified, real-time view of counterparty exposure and obligation status with full traceability to underlying transactions.

With this insight, treasury and risk teams can act early to manage funding needs, align real-time payment progress with funding strategies, monitor counterparty behaviour to detect emerging risks, and use historic trends to identify recurring liquidity drains. Exposure Manager transforms reconciliation data into actionable intelligence, accelerating a key activity and enabling proactive liquidity control.

Forecast and Manage End-of-Day Positions 

By analysing historic data alongside real-time payment flows, Baton’s tools can generate accurate intraday and end-of-day balance projections for each currency and account. Treasury teams can anticipate upcoming currency positions, adjust funding strategies, and optimise liquidity deployment and collateral allocations to minimise costs and avoid shortfalls.

Implement Alerts and Automated Controls

Baton’s Alerts Manager combines real-time oversight with automated notifications. Users can configure thresholds across key metrics – for example, when currency balances fall below set levels, when time-critical payments approach deadlines, or when end-of-day projections deviate from forecasts.

Combined with Workflows, these alerts trigger automated actions such as payment re-sequencing, creating a continuous monitor–alert–act loop. The result is proactive control and stability, even under stress.

Drill Down for Transparent, Traceable Investigation

Granular, time-stamped data allows users to trace the lineage of payments or exposures, identify root causes of net peak outflows, and assign ownership for resolution. This transparency supports confident, informed decision-making across treasury and operations teams.

From Monitoring to Mastery

By integrating historic data for analysis and forecasting with real-time data for control and execution, financial institutions can transform intraday liquidity monitoring from a reactive process into a driver of resilience and profitability.

Baton’s technology enables treasuries to operate with precision and agility – using trusted data and automation to manage liquidity proactively, optimise capital, and strengthen control across their global operations.

Explore Baton’s Monitoring Tools

Effective intraday liquidity monitoring combines real-time visibility with historic insight. Baton delivers both – helping treasuries reduce risk, unlock capital efficiency, and manage liquidity with confidence.

See how Baton’s Balance Manager, Exposure Manager, and Workflows and Alerts deliver the visibility and control your institution needs.