Al Faisaliah Selects IT/2 as TMS

Saudi Arabia firm, Al Faisaliah Group (AFG), has selected SimCorp’s IT/2 solution as its treasury management system. IT/2 will be integrated into AFG’s enterprise resource management system and used for a range of treasury and cash management functions. AFG will use IT/2 to help minimise its administrative workload, allowing its treasury team to focus more on value added activities such as improving risk management, forecasting and treasury strategy, according to the company.

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