Kelda Group takes Treasury Management System from Salmon Software
by Kylene Casanova
Over the last few months Salmon Software, the Dublin based, supplier of treasury management solution, who use the strap line ‘world class treasury management systems at an affordable price’, has continued to be selected by large companies for their treasury management system.
Kelda Group
The most recent selection was the Kelda Group, whose main subsidiary is Yorkshire Water, which has signed a contract for the implementation of a new Treasury Management System (TMS) from Salmon Software. Yorkshire Water provides water and sewerage services to nearly 5 million people and 130,000 businesses. “We wanted to replace an aging TMS to manage critical transactions across the business,” commented Christopher Elliff, Cash & Banking Manager, Kelda Group. “This included visibility of short term loans and deposits, long term debt plus index linked derivatives and other instruments.”
Following a pre-selection process the Kelda Group reviewed six TMS solutions in depth. “We selected Salmon Software because they had the best package for our requirements combined with a competitive price. In addition, they could point to a track record of successful similar implementations in other firms,” said Mr Elliff.
Other selections
Over the last six months companies selecting Salmon include the child poverty action group Plan International, and Arquiva the plan leasing company.
Over almost three decades the Independent Salmon Software has specialised in treasury management solutions for international blue chip corporates, including Airbus, DP World, Securitas and Fexco.
Salmon Treasurer
Salmon Treasurer is aimed at corporate treasurers to manage debt and derivatives, cash management, electronic payments, money markets, foreign exchange, treasury, banking transactions and many other related corporate treasury activities. Salmon Treasurer can be deployed as an on premises or cloud computing TMS, treasury workstation solution.
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