Treasury management system

Clearwater Analytics Study Shows Insurer Investor Shift

Retrieved on: 
Tuesday, November 14, 2023

BOISE, Idaho, Nov. 14, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its 2023 Insurer Cash and Short-Term Investment Management Market Outlook study. The survey conducted in September 2023 engaged over 120 insurers and represented $2 trillion in assets underlining the most substantial trends in insurer cash and short-term investment management.

Key Points: 
  • BOISE, Idaho, Nov. 14, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its 2023 Insurer Cash and Short-Term Investment Management Market Outlook study .
  • The survey conducted in September 2023 engaged over 120 insurers and represented $2 trillion in assets underlining the most substantial trends in insurer cash and short-term investment management.
  • The study marks an increased focus on short-term assets, driven by higher rates and an inverted yield curve," said Scott Erickson, Chief Revenue Officer at Clearwater Analytics.
  • Integrations with powerful solutions like Clearwater's investment accounting and analytics platform further streamline the process.

ION Treasury's ITS software to support international operations of Siemens Healthineers

Retrieved on: 
Thursday, August 24, 2023

LONDON, Aug. 24, 2023 /PRNewswire-PRWeb/ -- ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions and central banks, announces that Siemens Healthineers has gone live with key capabilities of the ION ITS solution for its new treasury management system (TMS).

Key Points: 
  • This passion for driving innovation makes ION Treasury's ITS a perfect fit to transform Siemens Healthineers treasury operations.
  • Stefan Bayer, Head of IT Function Services, Siemens Healthineers said, "The new Treasury Management System ITS is another significant core element in our global Siemens Healthineers Treasury IT landscape.
  • ION Treasury and Siemens Healthineers first partnered in 2020 to support the healthcare organization's 'Treasury for Future' initiative.
  • This global implementation will automate Siemens Healthineers treasury and FX exposure management workflows, feeding data between ITS and other applications in Siemens Healthineers infrastructure.

Ratio Therapeutics Appoints Reed Malleck as Chief Financial Officer

Retrieved on: 
Tuesday, December 6, 2022

BOSTON, Dec. 6, 2022 /PRNewswire/ -- Ratio Therapeutics Inc. (Ratio), a pharmaceutical company that employs a suite of innovative technologies to develop best-in-class targeted radiotherapeutics for the treatment of cancers, today announced the appointment of Reed Malleck as the company's Chief Financial Officer (CFO).

Key Points: 
  • BOSTON, Dec. 6, 2022 /PRNewswire/ -- Ratio Therapeutics Inc. (Ratio), a pharmaceutical company that employs a suite of innovative technologies to develop best-in-class targeted radiotherapeutics for the treatment of cancers, today announced the appointment of Reed Malleck as the company's Chief Financial Officer (CFO).
  • Mr. Malleck comes to Ratio with more than 25 years of finance and accounting experience in numerous healthcare and life science companies.
  • "On behalf of the entire Ratio team, I welcome Reed to a growing company committed to providing the best treatments for cancer patients," commented Dr. Jack Hoppin, Ratio's Chairman and Chief Executive Officer.
  • "This is an exciting moment for Ratio as it enters the clinic with its innovative proprietary platforms for targeted oncology," said Mr. Malleck.

Optimus Launches Treasury Management Solutions

Retrieved on: 
Tuesday, October 18, 2022

Recognizing that need, Optimus , a provider of strategic consulting and recruiting services, has launched a division specializing in Treasury transformation.

Key Points: 
  • Recognizing that need, Optimus , a provider of strategic consulting and recruiting services, has launched a division specializing in Treasury transformation.
  • As management of cash flow becomes increasingly critical and complex, Treasury Management Systems (TMS) have emerged as a crucial element for organizations across industries.
  • Optimus leaders see the Treasury Division as a natural expansion of its success in delivering energy and commodities trading risk management (ETRM/CTRM) solutions.
  • The Optimus Treasury Division also leverages the firm's well-established Human Capital solutions in its approach.

Bank of America Expands Its CashPro® Payment API Capability to Over 350 Payment Types

Retrieved on: 
Tuesday, October 11, 2022

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as Application Programming Interfaces (APIs) continue to transform business-to-business (B2B) and business-to-consumer (B2C) transactions given the ability of APIs to provide real-time data, reduce costs and improve operational efficiencies.

Key Points: 
  • NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments.
  • We're seeing that play out with our Payment API where 20% of the volume is being processed during the weekend.
  • Bank of America's suite of CashPro APIs includes more than a hundred APIs supporting payments and treasury operations.
  • Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Bank of America Expands Its CashPro® Payment API Capability to Over 350 Payment Types

Retrieved on: 
Tuesday, October 11, 2022

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments. The development comes as Application Programming Interfaces (APIs) continue to transform business-to-business (B2B) and business-to-consumer (B2C) transactions given the ability of APIs to provide real-time data, reduce costs and improve operational efficiencies.

Key Points: 
  • NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than 350 payment types and bundle payments.
  • We're seeing that play out with our Payment API where 20% of the volume is being processed during the weekend.
  • Bank of America's suite of CashPro APIs includes more than a hundred APIs supporting payments and treasury operations.
  • Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Orbit Partners With Axletree

Retrieved on: 
Thursday, August 18, 2022

Under the partnership terms, Axletree will offer the Orbit TMS fully integrated with its rails-agnostic, enterprise-class bank connectivity service to its large customer base, delivering an end-to-end treasury automation solution.

Key Points: 
  • Under the partnership terms, Axletree will offer the Orbit TMS fully integrated with its rails-agnostic, enterprise-class bank connectivity service to its large customer base, delivering an end-to-end treasury automation solution.
  • Orbit targets companies looking to migrate from spreadsheets-based manual processes and large corporations keen on adopting a TMS built with a treasurer's mindset.
  • Chris Matthews, Managing Director, Orbit Treasury Solutions, said, "This partnership between Axletree and Orbit makes incredible sense in today's complex environment as it significantly changes the treasury technology landscape for companies of all sizes.
  • Mohan Murali, CEO of Axletree Solutions, said, "Treasury management and bank connectivity have traditionally been a siloed or manual process.

Finastra extends collaboration with Orange Bank for integrated treasury management in the cloud

Retrieved on: 
Wednesday, April 27, 2022

LONDON, April 27, 2022 /PRNewswire/ -- Finastra announced today that Orange Bank in France has selected Finastra's corporate treasury management solution, Fusion KTP in the cloud. The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market. Launched in France in November 2017, then in Spain in November 2019, Orange Bank provides banking services that are designed natively around customers' mobile uses, which are both highly innovative and synergetic with Orange Group's telecommunications business.

Key Points: 
  • Bank will accelerate its cloud strategy with Finastra's Fusion KTP in the cloud, enabling faster access to innovation and a proactive approach to global treasury management
    LONDON, April 27, 2022 /PRNewswire/ -- Finastra announced today that Orange Bank in France has selected Finastra's corporate treasury management solution, Fusion KTP in the cloud.
  • The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market.
  • "Finastra's Fusion KTP cloud solution is a crucial step in our strategy to move to 'all cloud," explained Olivier Mougammadoussane, Head of Core Banking and Treasury Management System at Orange Bank.
  • Orange Bank already benefitted from Fusion KTP for efficiency and control around liquidity management, compliance, risk, reporting and accounting requirements.

Finastra extends collaboration with Orange Bank for integrated treasury management in the cloud

Retrieved on: 
Wednesday, April 27, 2022

LONDON, April 27, 2022 /PRNewswire/ -- Finastra announced today that Orange Bank in France has selected Finastra's corporate treasury management solution, Fusion KTP in the cloud. The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market. Launched in France in November 2017, then in Spain in November 2019, Orange Bank provides banking services that are designed natively around customers' mobile uses, which are both highly innovative and synergetic with Orange Group's telecommunications business.

Key Points: 
  • Bank will accelerate its cloud strategy with Finastra's Fusion KTP in the cloud, enabling faster access to innovation and a proactive approach to global treasury management
    LONDON, April 27, 2022 /PRNewswire/ -- Finastra announced today that Orange Bank in France has selected Finastra's corporate treasury management solution, Fusion KTP in the cloud.
  • The move will enable the bank to harness a fully integrated treasury management platform and gain faster access to innovation and time to market.
  • "Finastra's Fusion KTP cloud solution is a crucial step in our strategy to move to 'all cloud," explained Olivier Mougammadoussane, Head of Core Banking and Treasury Management System at Orange Bank.
  • Orange Bank already benefitted from Fusion KTP for efficiency and control around liquidity management, compliance, risk, reporting and accounting requirements.

Asure’s Payroll Fintech Powers New Treasury System to Deliver Added Value to Business Customers

Retrieved on: 
Monday, January 31, 2022

We also now have more transparency into our business than ever before which allows us to make more strategic investment decisions with client funds.

Key Points: 
  • We also now have more transparency into our business than ever before which allows us to make more strategic investment decisions with client funds.
  • Asures Treasury System provides real-time visibility into the Treasury function with an array of stakeholder dashboards.
  • I couldnt be more excited about bringing this Treasury System to market for our own use but also helping other payroll providers and large enterprises more effectively manage their treasury function, said Goepel.
  • HCM providers and large enterprises need more sophisticated tools to reduce risk and leverage the opportunities surrounding money movement.