This year’s AFP Guide to Treasury Management Systems tabulates the functionality -  • Yes, - No, ◊ Some - in the following areas:

• Foreign exchange 
• Debt interest rate products
• Derivatives
• Electronic dealing
• Balance and transaction management
• Reconciliation
• Forecasting
• Confirmations
• Payments
• Accounting
• Reporting 
• Security
• Risk

And then for each supplier:

• The target company size: Small (US$500m or below), Medium )US$500m-1bn), Larger (greater than US$1bn)
• Implementation: how TMS implemented? No. Of operating companies or subsidiaries have implemented your TMS? And number in last 12 months

TMS listed

TMS suppliers listed in the table and covered by a page description in the report are:

• Axletree Solutions: Treasurytree
• BELLIN: tm5
• Bloomberg: TRM
• Chatham Financial: ChathamDirect
• Fides Treasury Services: Fides Multibanking Solutions
• Financial Sciences: ATOM
• GTreasury: GTreasury
• Hanse Orga: FS2
• ION Treasury: WallStreet Suite, Reval, IT2, City Financial, Treasura
• Kyriba: Kyriba
• OpenLink: Findur
• TreasuryXpress: C2Treasury.

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CTMfile take: To keep track of the available TMS solutions readers need to also consult the Bob's Guide/gtnews Guide to Treasury Management Systems which contains details of over 40 systems, although there is some overlap with the AFP study.