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Structure

  • 450 subsidiaries

Modules

  • Financial status
    Cash flow forecasting
    Guarantees
    Derivatives
    EMIR

INTERFACES

  • PMS
    PMS, 360T (via PMS)
    Regis-TR
    Guarantees database

Flexibly managing reporting in times of constant change.

About HOCHTIEF

HOCHTIEF is one of the most international construction companies in the world. The company implements challenging infrastructure projects around the globe, also on the basis of licensing models. With around 53,000 employees and revenues of more than EUR 22bn in its 2014 financial year, HOCHTIEF maintains a presence in all important global markets.

Status quo and objectives

Constant growth in terms of corporate structure unavoidably leads to a heterogeneous system landscape which entails a considerable workload for the central treasury department, particularly with regard to reporting. It was for this reason that HOCHTIEF was looking for an efficient and practical solution which could be implemented at all subsidiaries and enjoy high acceptance levels. “We were looking for a system which simply compiles treasury data and which can be actively used by all group subsidiaries. Simple-to-use and reliable reports are as important as the fact that our decentralised subsidiaries are able to capture and upload their treasury data speedily and easily.”

TIP implementation

The first step was to outline the desired analyses and set up the master data. After this, the various systems were integrated into TIP step by step. A two-way data exchange was established for the PMS treasury management system. Where necessary, the subsidiaries captured additional data manually. The central treasury department was trained in the use of BusinessObjects and prepared analyses without the involvement of TIPCO. Due to its user-friendliness, EMIR reporting was also integrated into TIP and automated.

Outputs

  • Partially automated exchange of data between upstream and downstream systems.
  • Integration of decentralised subsidiaries via web-based data-input user interfaces.
  • Independent setting up of reliable reports via the central treasury department.
  • Implementation of automated EMIR reporting.

HOCHTIEF Aktiengesellschaft Case Study

„TIP is the hub for our treasury department. We have gained a lot of flexibility. Besides this, it is also a pleasure to work with a provider who we are always able to reach and who takes our needs seriously.“

Helen Romba,

Corporate Finance, HOCHTIEF Aktiengesellschaft

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