How will the new shared treasury management system affect Basisbank's operational capabilities?
Basisbank joins shared treasury system to modernize Georgian financial markets The involvement of Basisbank is tied to the Georgian Financial Markets Development Program (GMAP), which aims to enhance risk management and hedging capabilities within Georgia's financial markets. As part of this initiative, Basisbank will participate in a shared treasury management system utilizing the Nasdaq Calypso platform. This system is designed to cover the full lifecycle of treasury operations for participating commercial banks.
- Effect
- Mixed
- How direct
- 3 steps, all reported
- When
- Over the long term
- The story
- Gone quiet
How it reaches Basisbank
-
The GMAP Market Development Forum 2026 was held in Tbilisi, organized by the National Bank of Georgia and the Georgian Financial Markets Treasuries Association, in partnership with Nasdaq. The forum introduced the Georgian Financial Markets Development Program (GMAP), which aims to expand access to risk management and hedging instruments in Georgia’s financial markets. A key initiative involves a shared treasury management system utilizing Nasdaq Calypso, which will be used by TBC, Bank of Georgia, Liberty Bank, Terabank, and Basisbank for treasury operations.
The full event1independent outlet -
The GMAP program was introduced at the two-day international GMAP Market Development Forum 2026, organized by the National Bank of Georgia and the Georgian Financial Markets Treasuries Association.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- georgiatoday.ge Sep 15
-
central bank of Georgia
Everything about National Bank of Georgia -
This shared treasury management system is being introduced in partnership with Nasdaq and is intended to cover the full lifecycle of treasury operations for participating banks.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- georgiatoday.ge Sep 15
-
American fully electronic stock exchange
Everything about Nasdaq -
Basisbank is one of the commercial banks selected to participate in this shared treasury management system alongside TBC, Bank of Georgia, Liberty Bank, and Terabank.
1 report connects these two. Brind only summarizes; follow a link to read the reporting itself.
- georgiatoday.ge Sep 15
-
Georgian bank
Everything about Basisbank
Tap any step to see the evidence behind it.
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 the Georgian Financial Markets Treasuries Association.georgiatoday.ge
- The program aims to expand access to risk management and hedging instruments in Georgia’s financial markets.georgiatoday.ge
- The shared treasury management system uses Nasdaq Calypso, a platform covering the full lifecycle of treasury operations.georgiatoday.ge
- Basisbank is among the commercial banks that will conduct treasury operations using this shared system.georgiatoday.ge
Why it matters
For Basisbank, this initiative represents a significant step toward modernizing its operational capabilities within the Georgian financial landscape. By participating in the shared treasury management system, the bank gains access to advanced tools designed to handle the full lifecycle of treasury operations, aligning with the broader goals of the GMAP program.
This program is part of a concerted effort involving the central bank, market infrastructure providers like Nasdaq, and various commercial banks. It signals a structural shift toward a more liquid and internationally accessible securities market in Georgia, requiring all participating entities to adapt to the new operational standards.
What we don't know yet
- What are the specific operational requirements and timelines for Basisbank to integrate into the shared treasury management system?
- How will the successful implementation of this system affect the market share and international reach of the participating Georgian banks?
What would change this answer
Who else could feel it
Other paths from the same event.
Reporting
- georgiatoday.geSep 15
Keep going
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.