Treasury - RASCI View¶
The Treasury function at Simpaisa manages liquidity, foreign exchange, and float positions across all operating markets. Led by the Head of Treasury (H-Treas), Treasury is Accountable for float and balance checks in pay-out processing, FX conversion in crypto off-ramp, payment execution in settlement, and banking relationship establishment in new market entry.
Treasury is a critical control point: no disbursement may proceed without a float check, and no settlement may be paid without Treasury executing the wire. Treasury works closely with Finance (Head of Settlements) on daily reconciliation, and with the Payments function on corridor-level float management.
Primary Processes¶
7.4 Pay-Out Processing - Float and Balance Check¶
H-Treas is Accountable for confirming that sufficient float exists before any disbursement is routed to a payment channel.
Process Flow
Role Key
| Abbreviation | Full Role |
|---|---|
| CTO | Chief Technology Officer |
| COO | Chief Operating Officer |
| CFO | Chief Financial Officer |
| CISO | Chief Information Security Officer |
| CRO | Chief Revenue Officer |
| H-Sett | Head of Settlements |
| H-Treas | Head of Treasury |
| Int.Lead | Integration Lead |
| DevOps.L | DevOps Lead |
| H-DevOps | Head of DevOps |
| San.Scr | Sanctions Screening |
| Comp.An | Compliance/Regulatory Analyst |
| PCP | Payment Channel Partnerships |
| PM | Product Manager |
| Process Step | CTO | COO | CFO | CISO | CRO | H-Sett | H-Treas | Int.Lead | DevOps.L | H-DevOps | San.Scr | Comp.An | PCP | PM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Disbursement request received | I | I | - | I | - | I | I | S | R | A | - | - | - | I |
| 2. Compliance screening | - | I | - | - | A | - | - | - | - | S | R | R | - | - |
| 3. Float / balance check | I | C | C | - | C | S | A | - | - | - | - | - | - | - |
| 4. Channel routing | C | I | - | I | C | S | - | C | R | A | - | - | R | C |
| 5. Funds transfer execution | I | C | I | C | C | S | C | S | R | A | - | - | R | - |
| 6. Confirmation | I | I | - | - | - | S | - | R | S | A | - | - | S | I |
| 7. Reconciliation | I | C | C | - | C | A | R | - | S | S | - | S | - | - |
| 8. Settlement | I | C | A | - | C | R | R | - | - | - | - | S | - | - |
7.6 Crypto Off-Ramp - FX Conversion¶
H-Treas is Accountable for FX conversion in the crypto off-ramp process. Treasury sets the conversion rate and executes the fiat side of the off-ramp.
Process Flow
Role Key
| Abbreviation | Full Role |
|---|---|
| CTO | Chief Technology Officer |
| COO | Chief Operating Officer |
| CFO | Chief Financial Officer |
| CISO | Chief Information Security Officer |
| CRO | Chief Revenue Officer |
| GH-RA | Global Head Regulatory Affairs |
| H-Treas | Head of Treasury |
| H-Sett | Head of Settlements |
| DevOps.L | DevOps Lead |
| H-DevOps | Head of DevOps |
| San.Scr | Sanctions Screening |
| Comp.An | Compliance/Regulatory Analyst |
| Int.Lead | Integration Lead |
| PM | Product Manager |
| Process Step | CTO | COO | CFO | CISO | CRO | GH-RA | H-Treas | H-Sett | DevOps.L | H-DevOps | San.Scr | Comp.An | Int.Lead | PM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Crypto receipt notification | I | I | - | I | I | - | I | I | R | A | - | - | S | I |
| 2. Blockchain verification | C | I | - | C | C | - | - | - | R | A | - | S | R | I |
| 3. AML / sanctions screening | I | I | - | - | A | C | - | - | - | S | R | R | - | - |
| 4. FX conversion | I | C | C | - | C | I | A | S | - | - | - | - | - | - |
| 5. Fiat disbursement | I | C | I | C | C | - | S | S | R | A | - | - | S | - |
| 6. Confirmation | I | I | - | - | - | - | S | S | R | A | - | - | R | I |
| 7. Reconciliation | I | C | C | - | C | - | R | A | S | S | - | S | - | - |
7.10 Settlement and Reconciliation - Payment Execution¶
H-Treas is Accountable for settlement payment execution (the actual wire transfer). H-Sett is Responsible for reconciliation and break resolution, while H-Treas owns the funds movement.
Process Flow
Role Key
| Abbreviation | Full Role |
|---|---|
| CFO | Chief Financial Officer |
| COO | Chief Operating Officer |
| CRO | Chief Revenue Officer |
| CTO | Chief Technology Officer |
| H-Sett | Head of Settlements |
| H-Treas | Head of Treasury |
| H-DevOps | Head of DevOps |
| Comp.An | Compliance/Regulatory Analyst |
| DevOps.L | DevOps Lead |
| PM | Product Manager |
| PMO | PMO Manager |
| Process Step | CFO | COO | CRO | CTO | H-Sett | H-Treas | H-DevOps | Comp.An | DevOps.L | PM | PMO |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Transaction data aggregation | I | I | - | C | S | - | S | - | R | A | - |
| 2. Three-way reconciliation | C | I | - | - | A | R | S | - | S | - | S |
| 3. Break identification | C | I | - | - | A | R | S | S | S | - | S |
| 4. Exception investigation | C | C | C | - | A | R | S | S | - | - | S |
| 5. Settlement calculation | C | I | C | - | S | A | - | C | - | - | - |
| 6. Payment execution | C | C | - | - | S | A | - | - | - | - | - |
| 7. Reporting | A | C | C | - | R | R | - | S | - | - | R |
7.12 New Market Entry - Banking Relationships¶
H-Treas is Accountable for establishing banking relationships in each new market. This includes opening correspondent accounts and local bank accounts required for payment operations.
Process Flow
| Process Step | CEO | COO | CPO | CFO | CRO | CISO | GH-RA | CH-PK | CH-BDNP | H-Legal | H-Treas | Comp.An | PCP | PMO | Int.Lead |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6. Banking relationships | C | C | - | A | C | - | C | S | S | C | R | - | - | S | - |
Supporting Role Summary¶
Treasury holds Consulted or Informed roles across other processes:
| Process | Domain Owner | Treasury Role |
|---|---|---|
| 7.2 Merchant Onboarding | Payments | H-Treas: C on commercial terms negotiation |
| 7.3 Pay-In Processing | Technology / Operations | H-Treas: R on settlement step; R on reconciliation |
| 7.5 Remittance Corridor Activation | Payments | H-Treas: C on demand assessment; C on partner identification |
| 7.7 White-Label Wallet Provisioning | Product | H-Treas: not directly in RASCI |
| 7.14 Financial Reporting | Finance | H-Treas: R on ledger posting, reconciliation, management accounts, statutory accounts, external audit |
| 7.15 Vendor Onboarding | Procurement | H-Treas: C on due diligence; C on commercial negotiation |