Judo Bank, described as Australia’s first neobank bank, is now using GTreasury’s software-as-a-service (SaaS) treasury management system (TMS) to support its growing treasury and reporting requirements.
“Judo Bank was looking for a TMS provider that met our requirements for the growing balance sheet and extensive internal/external reporting requirements,” said Michael Heath, the bank’s treasurer. “The ability to automate many of the day-to-day processes was paramount in our selection of GTreasury, as well as their strong track record in the sector.”
Judo Bank maintain investments, debt lines, risk reporting and asset management by using GTreasury as its TMS. The bank was granted a full banking license by the Australian Prudential Regulation Authority (APRA), to become Australia’s first challenger bank solely dedicated to small and medium-size business lending.
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