Trema has bought the complete issue share capital and assets of Richmond Software. Richmond Software was founded in London in 1990 and provides treasury management solutions for the middle market. With the Richmond product suite, Trema is now able to cover both the high-end space, which has been its traditional stronghold, and the more volume-driven middle market space, where less demanding but more cost efficient packaged solutions are required. “Our respective product lines each address very distinctive markets, and both companies share similar values and ambitions,” said Michèle Fitzpatrick, CEO at Trema. “We believe in the need for specialised domain expertise in treasury and asset management. We will continue to invest aggressively in the development and distribution of Richmond Software as our mid-market product offering and expect to make further product announcements on this in the coming months.” The companies expect to complete the practical integration of both businesses within a couple of months.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more