There is more to TMS market than Wall Street Systems and SunGard: FTI Treasury and Salmon announce n
by Kylene Casanova
Don't forget that there are other TMS providers who are thriving in the current market as corporate treasury departments and other treasuries seek to automate their operations.
FTI Treasury to be installed in Belgian Debt Agency
FTI Treasury has been awarded the contract to install its treasury system, FTI STAR, in the Belgian Debt Agency, which is part of the Belgian Treasury, and is responsible for the management of the public debt of Belgium, amounting to over €370 billion.
The project involves the implementation of the FTI STAR treasury system to be used by the Belgian Debt Agency for Straight-through Processing; from deal negotiations through to payment and accounting which will manage all of its debt management functions at federal level. This includes all front, mid and back office treasury with in-depth risk management, mark-to-markets, cash and collateral management.
Salmon Software's selected by NET4GAS in Czech Republic
Treasury Management System specialist Salmon Software has signed its first Czech Republic customer, NET4GAS that transports natural gas in the Czech Republic using a pipeline network of over 3,600 kilometres. NET4GAS, which employs over 500 people, transports 40 billion m3 of natural gas annually (of which roughly 25 % is for domestic consumption).
NET4GAS will be using Salmon's TMS to manage their foreign exchange, money market, treasury and banking transactions.
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