TRC PRODUCT 03 · ILLUSTRATIVE EXAMPLE

Requirements catalogue

Translates the approved scope into explicit, testable requirements with a clear explanation of what each one means.

These are real entries taken from the TRC requirements catalogue.

ILLUSTRATIVE DOCUMENT COVERYour Company Name

Treasury Technology Selection

Requirements Catalogue

Project sponsor: [Sponsor name]
Version: 1.0
Status: Illustrative example
Prepared by: The Treasury Research Company

WHAT THIS GIVES YOU

A detailed requirements set tied back to the approved scope, with a consistent reference number and a plain-English explanation of what each requirement means.

BUILT TO START FAST — AND CHANGE

18 scope areas · hundreds of detailed requirements · fully editable. Start with the TRC catalogue, then add, remove or amend scope areas and requirements to reflect your own treasury, operating model, systems and priorities.

REPRESENTATIVE EXTRACT

Representative requirements from the approved scope

Your Company Name

18 requirements selected directly from the TRC catalogue. No illustrative requirement wording has been created for this example.

Scope area	Requirement number	Requirement	What it means
Payments & Payment Controls	PAY-TYP-004	The solution shall process Faster Payments from authorised initiation through bank submission.	Supports payments through the UK Faster Payments Service.
Payments & Payment Controls	PAY-INI-002	The solution shall accept payment instructions generated by an ERP system.	Allows payment instructions created in an ERP to be received for processing.
Payments & Payment Controls	PAY-FMT-008	The solution shall include ISO 20022 structured or hybrid postal address data in accordance with applicable payment-network requirements.	Supports the structured or hybrid address information required for ISO 20022 payment processing.
Payments & Payment Controls	PAY-CTL-012	The solution shall identify potential duplicate payments before release.	Helps prevent duplicate payments by identifying potential duplicates before transmission.
Bank Connectivity & Messaging	PAY-CON-009	The solution shall identify failures in bank connectivity.	Identifies when a connection or payment transmission channel has failed.
Payments & Payment Controls	PAY-COL-002	The solution shall validate collection instructions received from the ERP before transmission.	Checks the incoming collection file or message for required data and format before it is sent to the bank.
Risk Management	RSK-FX-002	Capture each deliverable foreign-exchange forward transaction	Records the trade date, maturity date, currency pair, bought amount, sold amount, forward rate or forward points, counterparty, legal entity and settlement instructions.
Risk Management	RSK-FX-005	Capture each vanilla foreign-exchange option transaction	Records the option type and style, currency pair, notional amount, strike, expiry, delivery date, premium, counterparty, legal entity and settlement method.
Risk Management	RSK-IR-001	Capture each interest-rate swap transaction	Records the currency, notional amount, effective and maturity dates, fixed-rate terms, floating-rate benchmark and spread, reset and payment frequencies, day-count conventions, counterparty and legal entity.
Risk Management	RSK-IR-003	Capture each cross-currency swap transaction	Records both currencies and notionals, initial and final principal exchanges, each leg’s rate or benchmark and spread, reset and payment terms, effective and maturity dates, counterparty and legal entity.
Risk Management	RSK-INF-001	Capture each zero-coupon inflation swap transaction	Records the inflation index, base index and date, index lag, notional amount, fixed rate, maturity, settlement terms, counterparty and legal entity.
Risk Management	RSK-COM-003	Capture each commodity swap transaction	Records the commodity or index, quantity, unit of measure, fixed and floating price terms, pricing period, location, settlement terms, counterparty and legal entity.
Treasury Accounting	ACC-001	The solution shall apply each accounting standard identified in the approved scope.	Covers the capability to apply each accounting standard identified in the approved scope.
Treasury Accounting	ACC-002	The solution shall apply each treasury-accounting policy identified in the approved scope.	Covers the capability to apply each treasury-accounting policy identified in the approved scope.
Treasury Accounting	ACC-003	The solution shall produce accounting outputs for each reporting jurisdiction identified in the approved scope.	Covers the capability to produce accounting outputs for each reporting jurisdiction identified in the approved scope.
Treasury Accounting	ACC-004	The solution shall integrate with every in-scope general-ledger platform.	Covers the capability to integrate with every in-scope general-ledger platform.
Treasury Accounting	ACC-005	The solution shall integrate with every in-scope ERP platform for accounting purposes.	Covers the capability to integrate with every in-scope ERP platform for accounting purposes.
Treasury Accounting	ACC-006	The solution shall integrate with every in-scope consolidation platform.	Covers the capability to integrate with every in-scope consolidation platform.

WHAT THIS PREVIEW SHOWS

The level at which the catalogue is built.

The full TRC catalogue covers the wider treasury scope. This public example shows 18 real requirements only.

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Last updated: 9 October 2026, 06:52 BST