Part of The National Bank of Georgia is partnering to modernize financial markets infrastructure, guiding the development of Georgia's financial system.

How will the shared treasury management system affect Terabank's operational capabilities?

Terabank gains access to shared treasury system for risk management Terabank is set to participate in a shared treasury management system utilizing Nasdaq Calypso, as part of the Georgian Financial Markets Development Program (GMAP). This system will allow the bank to conduct treasury operations alongside other local commercial banks. The implementation is designed to enable participating banks to offer market participants a wider range of more accessible and diversified risk-hedging instruments.

Reported by 1 independent outlet Written Saturday

Effect: Mild positive
How direct: Stated in the reporting
When: Within months
The story: Gone quiet

How it reaches Terabank

Reported by news outlets

Under the Georgian Financial Markets Development Program (GMAP), a shared treasury management system is being introduced. Terabank is one of the local commercial banks that will conduct treasury operations using the Nasdaq Calypso platform within this shared system.

1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- georgiatoday.ge Sep 15

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The facts so far

As reported. Each one links to where it comes from.

The GMAP Market Development Forum 2026 was held in Tbilisi, organized by the National Bank of Georgia and Nasdaq.georgiatoday.ge
Terabank is one of the local commercial banks that will conduct treasury operations using Nasdaq Calypso.georgiatoday.ge
The shared system aims to enable local commercial banks to offer a wider range of more accessible and diversified risk-hedging instruments.georgiatoday.ge

Why it matters

For Terabank, participation in this shared treasury system represents a significant upgrade to its operational capacity. By utilizing Nasdaq Calypso, the bank gains access to advanced tools that allow it to offer a broader selection of risk-hedging instruments to its clients, thereby enhancing its market competitiveness and service offerings.

This initiative is part of the larger Georgian Financial Markets Development Program (GMAP), which seeks to expand access to risk management in Georgia’s financial markets. The program involves collaboration between the National Bank of Georgia, Nasdaq, and several major local banks, aiming to modernize the country's financial infrastructure and make its securities market more internationally accessible.

What we don't know yet

What specific new risk-hedging instruments will Terabank be able to offer?
What is the timeline for the full implementation of the shared treasury management system?

What would change this answer

The GMAP program secures additional international funding.The scope and speed of the treasury system's rollout could increase, potentially accelerating Terabank's access to new capabilities.

Regulatory changes restrict the use of shared treasury platforms.Terabank's ability to utilize Nasdaq Calypso for treasury operations could be limited, slowing the expected operational benefits.

Who else could feel it

Other paths from the same event.

Reporting

georgiatoday.geSep 15

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The full eventCentral Bank of Georgia Forum Details Partnership to Modernize Financial Markets… Everything aboutTerabank

Brind's analysis is written by AI from the reporting linked above and can be wrong. It explains possible effects; it is not investment advice.