Dutch Government Institution Takes on NFS’s Treasury Product

FMO, (the Netherlands Development Finance Company) has adopted the Treasury Support Center (TSC) provided by Nordic Financial Systems (NFS). FMO, a Dutch organisation providing financial resources to the private sector in developing countries, is the first government institution to use NFS’s TSC. TSC is an outsourcing function for treasury operations, providing IT management and business operations support for multinationals and their subsidiaries. Joakim Nyberg, head of TSC, NFS, said: “We are pleased that FMO has become our first government institution client to adopt TSC and we are excited about expanding our customer base in this segment going forward.”

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