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GTreasury claims major share of US treasury management systems market growth in 2012

2012 was another successful year for Gtreasury, the US based SaaS treasury management solutions, with record sales and increased client adoption rates, above and beyond a notable 2011. GTreasury added new clients like Aeropostale, Edward Jones, Mylan, Rockwood Holdings, Inc., Think Finance, and University of Missouri and many others.

They believe their only real SaaS competitor in the US is Kyriba. In the last six months, they claim to have achieved 100% success in all their competitive bids. They also claim that all the other vendors beside Kyriba, such as Wall Street, SunGard, and IT2 combined did not add as many clients as GTreasury in 2012.

The one thing for sure is that CTMfile should have named GTreasury as an important alternative to SunGard and Wall Street Systems in the US market in our coverage of Wall Street Systems takeover of IT2.

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