ATM Residual Reduction
With interest rates going up; banks are scrambling to reduce their idle cash. Using ATM as an example, and with minimal load to load information (load amount, residual count back), we are able to forecast (using our sophisticated IMF forecasting logic) the load amount, with zero run outs. The example below is illustrating the savings.
In this graph: (based on actual data) we are showing residual reduction analysis for a group of 36 ATMs.
The actual residual rate for 36 terminals over last 6 month is 64.54%
The residual rate reduction using Morphis forecast tool is 41.24% in this live example below.
Vault Cash Forecasting
Morphis’ sophisticated forecasting tool allows you to stay within the “Sweet spot” Not too much (Inventory upper bound) or not too little (inventory lower bound)
Yellow line is the sweet spot using Morphis; red is falling below lower bound without using Morphis.
