TSS September 2020
Treasury Management Systems
In this fourth Treasury Solution Spotlight, the spotlight is on Treasury Management Systems. Orchard Finance periodically publishes a new Solution Spotlight for different Treasury topics.
While Treasury departments are becoming more and more strategically oriented, operational Treasury management remains one of the core activities. Treasury Management Systems are around to support corporate Treasuries in optimizing, automating and digitizing a wide range of Treasury processes [to increase the value that Treasury can add]. In this spotlight we show several systems that are available for different types of organizations and that we regularly come across and implement in corporate environments.
Orchard Finance has hand-on experience in using, selecting and implementing a wide range of Treasury systems. For more information please contact Ariane Hoksbergen.
BELLIN, a Coupa company, is a global leader in treasury technology. We cater to a range of clients from large multinationals to SMEs. BELLIN has been championing innovation and out-of-the-box thinking since 1998. Solution With the treasury software tm5 as the centerpiece, BELLIN makes a fundamental difference by offering solutions that zero in on the relationship between corporates and banks and cover everything from cash management to payments or multilateral netting. BELLIN is an international company with offices on four continents, powered by a trailblazing fintech spirit.
Case Study BELLIN
DataLog Finance provides on premises or SaaS solutions since 1997, designed to satisfy all present and future needs of corporate treasuries, now fully integrated in the Front-to-Back-to-Book-to-Payment TMS Treasury Line.
Best-of-breed, the smart TMS Treasury Line is the first Front-to-Back-to-Book-to-Payments software package meeting all the corporate treasurers' expectations in a unique full Web system:
Management of financial transactions and associated risk; Payment and collection centralization;
Comprehensive cash and liquidity management and netting; Accounting; Forecasts/Actual reconciliation; Trade management, control, automatic accounting and creation of related payments (by segregated profiles of users); Trade confirmations matching tool (replacement of SWIFT Accord);
Multi-protocol bank communication; Single data repository; Full security; Via a Web browser; SaaS or on-Premise.
FIS is a global leader in financial services technology. FIS serves more than 20,000 clients in over 130 countries. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor's 500® Index..
FIS offers sophisticated Treasury management solutions to manage risk, cash, liquidity, accounting, payments processing, managed bank / SWIFT connectivity and more. The solutions help consolidate data from multiple in-house systems, drive workflow and provide connectivity to a broad range of trading partners including banks, SWIFT, FX platforms, money markets, and market data. The technology is supported by a full range of services delivered by domain experts, including private managed cloud and SaaS services, treasury operations management, SWIFT administration, managed bank connectivity, bank onboarding and integrates with internal systems and external trading partners.
Founded in 1986, GTreasury has a deep history with Treasury's evolving use of technology. By 2000, GTreasury introduced its SaaS TMS, which today provides an easy-to-use, end-to-end workflow for Treasury and Risk Management. GTreasury serves large and medium-sized companies in over 30 industries. Solution GTreasury is a digital TMS platform that gives organizations cloud access to an end-to-end workflow for Treasury and Risk Management. Its design leverages new technologies to connect Treasury's ecosystem, enabling the seamless flow of data across and beyond the enterprise for new and smarter ways of working. With GTreasury, organizations can implement any combination of Cash Management, Payments, Financial Instruments, Accounting, Banking, Risk Management, and Hedge Accounting for one SaaS solution. GTreasury is known for its reliable client service, providing 24/7/365 support.
Kyriba empowers over 65,000 users from approximately 2,000 corporates in 100 countries with award-winning solutions for Cash & Risk Management, payments and supply chain finance. Kyriba delivers a highly secure, 100% SaaS enterprise platform, superior bank connectivity and a seamlessly integrated solution set. Solution Our leading platform offers a complete service to the largest online Treasury community in the world. Kyriba's innovative approach enables confidence in cash visibility and empowers CFOs, corporate Treasurers and finance teams to make strategic investment decisions. Through implementing Kyriba, clients enjoy the benefits of our modular, scalable, 100% SaaS solution that requires only a fraction of the investment of traditional legacy systems, providing real-time and secure access to the single source of truth. Kyriba delivers a full business continuity solution and is audited to SOC 2 Type 2 standard to ensure that our clients are in compliance with their own IT security policies.
Salmon Software Ltd.
Salmon Software is a FinTech company specialising in Corporate Treasury Management Systems. We are a private Irish company with offices in Ireland, the Czech Republic, the UK and representation in Asia Pacific, Africa and South America. Solution Salmon Software offers a leading-edge TMS covering all areas of Treasury, Salmon Treasurer. Our focus is on ONE singular Treasury platform that continues to evolve. The system consists of a very sophisticated set of financial modules supported by a flexible and logically constructed database. The engagement from clients through to Salmon's client services and development team and back again, enables us to both understand the clients' requirements and to meet them with speed and accuracy. The system is solid, robust and never suffers downtime. We offer the solution as an On-premise Solution, or a Hosted Solution through the Microsoft Azure platform.
Salmon Treasurer as with most Treasury Platforms, records and manages a variety of instruments traded on the world's financial markets and also integrates the system with all Banks and 3rd party systems & services. The key to a good TMS is how that data can be presented and reported upon. Salmon Treasurer’s Dynamic Dashboards give users access to powerful business intelligence capabilities, dynamic dashboards featuring charts, graphs, data grids, filtering, drill-down and more are easy to design with a drag and drop builder. This allows users to create and customise any dashboard. These can be exported in a variety of formats, including PDF, images for the graphics and Excel for tabular data as well as printed or emailed. This enables seamless use of the data and graphics for all reporting requirements.
Trinity is a leading software company with a clear focus on optimization and automation of Treasury processes of companies in all sectors. The triad "your Treasury - your way - our software" underlines the company's philosophy of automating treasury with a strict focus on customer benefits. Solution Trinity gives customers the security and safety of a high-performance, Treasury System for managing global liquidity and risk positions across the enterprise. Compliance, safety and regulatory requirements are met and documented in an audit-proof manner. More than 3,000 Treasury experts in companies of different size and from various industries can focus on their core mission: ensuring global liquidity and risk minimization to make a noticeable contribution to added value of their entire company. Trinity is used in the following industries: Aerospace, Automotive, Agri, Banks, Chemicals, Defence, Energy, Food, Healthcare, Logistics, Municipalities, Oil & Gas, Pharma, Real Estate, Retail, Telecom and Trade.