Over the last couple of months developments by corporate treasury management systems suppliers have included:

• BELLIN is offering free licenses for its tm5 software to charitable and social institutions pursuing humanitarian or social objectives. (2 December)
• BELLIN has collaborated with UBS to provide an integrated package (Standard or Premium or Advanced) combining their tm5 TMS with the UBS EB services using optimized the interfaces and processes (28 November)
• BELLIN is now represented in South Africa by the joint venture SALE in Johannesburg - two financial market, derivative and hedging specialists.
• Rand Water, one of South Africa’s leading water utilities, has selected SunGard’s AvantGard Treasury System Quantum for daily cash management and reporting, short-term cash flow forecasting and investment and foreign exchange risk management. The solution will also provide debt control and hedge accounting. (21 November )
• Toyota Capital Malaysia (a joint venture between Toyota Financial Service of Japan and UMW Corporation) has selected SunGard’s AvantGard Treasury (Integrity) to manage treasury and cash management. (8 November)
• Insurance Australia Group (IAG) has selected treasury and risk management (TRM) solution provider Reval to streamline its treasury, risk management and hedge accounting compliance. (17 September)
• Reval announced that Northern Gas Networks, one of the United Kingdom´s main gas network operators, has selected Reval to improve efficiency in hedge accounting  and to prepare for IFRS 13 Fair Value Measurement. (3 September)

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The integration of cloud/SaaS based TMS with other services is a major feature of TMS development, e.g. the BELLIN partnership with UBS, Reval’s with Fides and with Atlas Risk Advisory. These partnerships are much easier to set up when the services are cloud based. Are stand-alone systems coming to the end of their natural life?