MIA 2015

Here comes innovation

2017

Cash Management Solutions

CMS Forecasting Models

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Our solutions optimise the movement and holding of physical cash for our clients. Using a combination of unique human expertise and in-house software, CMS are able to use revolutionary mathematical techniques for forecasting consumer cash demand. What is innovative about our solutions is that no other forecasting technique is able to forecast cash demand on an hourly basis for over 1,100 denominations of currencies across multiple markets & regions. Our innovation now enables us to manage £15bn cash annually across the globe.

What prompted you to develop it?

Our existing clients began to expand rapidly across multiple countries and developed hardware to contain multi-currencies. In order to service our clients and expand overseas ourselves, we developed our solution to support these new markets.

Is it in production or use?

CMS' innovations are currently deployed across 25 countries.

Who inspires you?

Small companies that are able to make an impact on a global scale.

What do you hope to achieve in developing this innovation?

Developing this innovation will enable CMS to operate in more markets across the world. Our solution enables consumers to have a greater access to cash and our cost savings mean that the end price to consumers is lower. The development of this innovation will mean that, via our company growth, we will be able to employ more skilled employees from the local area (80% of our employees are graduates from local universities).

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Contact Details

Matthew Shaw
+44 (0) 1925 412 904

http://www.cashmanagement.co.uk/

Date of Application

January 2015