FNS Partners City Networks to Integrate Treasury Solutions

Financial Network Services (FNS) has entered into a strategic alliance with City Networks to explore the integration of CityNet Confirmation Matching and CityNet Reconciliation modules with the BANCS treasury solution. Commenting on the move, Costa Christodoulou, CEO at City Networks said: ‘This [partnership] will allow FNS’s clients to achieve STP and remove the need for manual intervention.’ Akhter Khan, Director of Operations, Australasia at City Networks added: ‘This relationship with FNS offers us opportunities to extend our international presence within our target market of the top tier banks.’


Related reading

New consumer banking head for Citi Asia Pacific