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Auckland Council selects GTreasury to manage cash and risk

Auckland Council, the local government council for the Auckland Region in New Zealand, has selected GTreasury to support its treasury management and accounting functions. GTreasury is a digital TMS platform for integrated treasury management and risk management.

“As one of the largest debt issuers in New Zealand, we need full visibility of our liquidity and multi-currency debt exposures,” said Auckland Council treasurer John Bishop. “With GTreasury, not only will we thoroughly modernise our operations with a single, integrated workflow, but we will also be able to access and act on our information anytime, anywhere from the cloud.”

“GTreasury will replace Auckland Council’s manual-based processes with host-to-host bank connections, cash management capabilities, risk analytics and reporting tools,” says Auckland Council’s treasury reporting manager Kelly Wilson.

“Auckland Council is a great example of how governments are leveraging modern technology to service their constituents more efficiently,” says Rob McGuinness, director, sales - APAC at GTreasury. “We’re delighted to welcome the Auckland Council treasury team to our global community of users and look forward to having them benefit from our treasury best practices, shared around the world.”

This latest client win for GTreasury follows hot on the heels of the treasury technology provider announcing it had been selected by Jemena, a Melbourne-based company that owns and manages some of Australia's most significant gas and electricity assets, to support its risk management and hedge accounting activities.

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