Practice & reference · 4 of 5
Glossary of Terms
22 terms used across the course, from APIs to the TMS itself. Each one links back to the module where it is covered.
A
- APIApplication Programming Interface
- A set of protocols, routines, and tools for building software applications that specifies how software components should interact.
- Module 3 · Data Integration and Management →
- Artificial IntelligenceAI
- Computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.
- Module 4 · Automation and Emerging Technologies →
B
- Batch Processing
- A method of processing transactions in a group or batch, rather than individually as they occur.
- Module 3 · Data Integration and Management →
- Blockchain
- A distributed, decentralized, public ledger technology that records transactions across many computers in a way that is secure, transparent, and resistant to modification.
- Module 4 · Automation and Emerging Technologies →
C
- Cloud Computing
- The delivery of computing services over the internet, including servers, storage, databases, networking, software, analytics, and intelligence.
- Module 1 · Treasury Technology Landscape →
- Cryptocurrency
- A digital or virtual currency that uses cryptography for security and operates independently of a central bank.
- Module 4 · Automation and Emerging Technologies →
D
- Data Governance
- A set of processes, roles, policies, standards, and metrics that ensure the effective and efficient use of information to enable an organization to achieve its goals.
- Module 3 · Data Integration and Management →
- Distributed Ledger TechnologyDLT
- A consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions.
- Module 4 · Automation and Emerging Technologies →
E
- Enterprise Resource PlanningERP
- Business process management software that allows an organization to use a system of integrated applications to manage the business.
- Module 1 · Treasury Technology Landscape →
H
- Host-to-HostH2H
- Direct connectivity between a corporate’s systems and their bank’s systems without using an intermediary.
- Module 3 · Data Integration and Management →
I
- In-house BankingIHB
- A centralized approach to internal banking where a dedicated treasury center acts as an internal bank for subsidiaries and business units.
- Module 2 · Treasury Management Systems in Depth →
- ISO 20022
- An international standard for electronic data interchange between financial institutions.
- Module 3 · Data Integration and Management →
M
- Machine LearningML
- A subset of artificial intelligence involving the development of algorithms that allow computers to learn from and make predictions or decisions based on data.
- Module 4 · Automation and Emerging Technologies →
- Multi-factor AuthenticationMFA
- A security system that requires more than one method of authentication from independent categories of credentials to verify the user’s identity.
- Module 5 · Cybersecurity and Controls →
P
- Payment Factory
- A centralized payment processing hub that standardizes payment workflows, formats, and channels across an organization.
- Module 2 · Treasury Management Systems in Depth →
R
- Real-time Processing
- The processing of transactions as they occur, with results available immediately.
- Module 3 · Data Integration and Management →
- Robotic Process AutomationRPA
- Technology that allows configuration of computer software or a “robot” to capture and interpret existing applications for processing a transaction, manipulating data, triggering responses, and communicating with other digital systems.
- Module 4 · Automation and Emerging Technologies →
S
- Segregation of DutiesSoD
- The concept of having more than one person required to complete a task, to prevent fraud and error.
- Module 5 · Cybersecurity and Controls →
- Smart Contract
- Self-executing contracts with the terms of the agreement directly written into code, existing across a distributed, decentralized blockchain network.
- Module 4 · Automation and Emerging Technologies →
- Software-as-a-ServiceSaaS
- A software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.
- Module 1 · Treasury Technology Landscape →
- SWIFTSociety for Worldwide Interbank Financial Telecommunication
- A member-owned cooperative that provides secure financial messaging services to financial institutions worldwide.
- Module 3 · Data Integration and Management →
T
- Treasury Management SystemTMS
- Specialized software used by corporate treasuries to manage cash, investments, and financial risks.
- Module 2 · Treasury Management Systems in Depth →
No terms match that filter.
Alina | TreasuryOS · treasuryease.com