IT2 Treasury Solutions (IT2 TS) have begun the rollout of their new version 8.0 of IT2 release called 'Reimagine Treasury' which enables users to reimagine their treasury operations; to work in new, more efficient and effective ways, to rise to developing professional challenges and the amplified management demands of today's treasury environment.

IT2 TS have been working on mapping the basic transactions and processes in corporate treasury for many years, see Process Mapping = never forget how to do a transaction, automatically updating documentation and constant audit. They have taken this approach to corporate treasury decision making.  Vivid, one-click treasury intelligence provides real-time decision support that enables the treasury team to act with clarity and conviction. For example, the system will propose transactions which would bring exposures into compliance with the organisation's  hedging policy.

IT2 Start Page

Source & Copyright©2012 -  IT2 Treasury Solutions

In addition, the new version of IT2 enables fluid movement between desktops, tablets and phones, meaning that users can pick up any task at hand, exactly where they left off. IT2's automatic adaptive interface optimizes the user's experience for any display. As a result, treasury intelligence, control and execution are now securely accessible anywhere, anytime.

Starting Page on the different platforms

Source & Copyright©2012 -  IT2 Treasury Solutions

IT2 8.0 Automated Bank Profiling now handles the variations in different banks' portal solutions and messaging formats, paving the way for multi-bank eBAM. It builds on the detailed experiences of pilot users and banks to deliver an effective IT2 eBAM solution.

In addition, IT2 now supports three technical options for deployment. IT2 can be installed locally or hosted externally using dedicated hardware or on cloud-based platforms.

---

This upgrade to IT2 opens the door for general treasury management systems to provide a new level of corporate treasury decision support AND actual suggestions as to what to do.The delivery of a consistent user experience across platforms and the focus on allowing corporate treasury staff to pick up where they left off on the previous platform is impressive. Apple and Microsoft are driving the banks and corporate treasury management systems suppliers similar approaches and to make their systems and services look like this. The problem is going to be how to differentiate their offerings.