TMS roundup: treasury management systems are still selling strongly
by Kylene Casanova
Over the last month, new developments and new users have been announced by corporate treasury management systems suppliers have included:
· VisualRisk continues to be the most widely adopted treasury and risk management solution in Australasia. This month they announced that they signed 13 new clients in 2013. They attribute this success to their strategy, which combines extensive treasury expertise with innovative technology to deliver their distinctive brand of forward-looking risk analytics, hedge accounting and treasury management software. (In total VisualRisk has been adopted by over 110 treasuries in Australasia.)
· SuperDerivatives’ risk management and financial compliance system CorporeX has been installed by PSA International S.A. (PSAI), the international treasury arm of the PSA Peugeot Citroën group, to manage its multi-asset exposure and hedging activities and ensure compliance with hedge accounting and impending European EMIR regulations. Together with CorporeX, PSAI adopted SuperDerivatives’ real-time market data, analysis and news platform, DGX, with its built-in DGX financial chat. In addition, it uses the multi-asset front office system SDX for all pre-trade and hedging activities in currencies, commodities and interest rates including trade execution. PSAI will be able to book its trades and generate various risk and analytical reports and ensure compliance with new EMIR regulations.
· Reval has announced three new users of their Treasury Risk Management SaaS based solution:
- KPN, the leading telecommunications and ICT service provider in The Netherlands, has selected Reval to integrate and streamline its cash management, risk management and hedge accounting
- Investa Office, one of Australia’s largest unlisted owners and managers of commercial real estate, will transition their entire treasury work flows and derivative portfolio to Reval
- Genesis Energy, a leading New Zealand-owned energy company, has selected Reval to strengthen controls in cash flow forecasting, risk management, hedge accounting and operational workflows.
· Salmon Software, the Dublin based treasury management system supplier has announced two new users, of their Salmon Software Treasury Management System:
- Plan International, the child poverty group, who are streamlining treasury management and reporting across operations
- arqiva, a leading communications infrastructure and media services company, which is managing their increasingly complex Swap, debt, derivatives and cash management requirements to support their new capital structure.
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