Lloyds TSB Bank has selected Polaris’s Intellect Suite as the banking solution for part of its international cash management offering. The initial project revolves around the requirements for sweeping (cash concentration) where the bank plans to roll out an automated solution to replace current processes. With the addition of this prestigious relationship, Polaris has now established the Intellect Suite footprint across UK, Germany and Benelux within a short span of two years. Commenting on this new relationship, Ernie Battey, director at corporate transaction services (CTS), Lloyds TSB Bank, said: “We are pleased to be working with Polaris on this project to improve customer service and product flexibility for our customers. We will be working closely together over the coming months to deliver the benefits to the bank.”
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