The City of Montréal, the second biggest city in Canada, is going live with FinLogic version 2.09 from treasury management systems specialist FinRad. FinLogic has automated the municipality’s processes for allocating cash flows, amortising funds and managing its investment portfolios. In addition, City of Montréal users will also use FinLogic to manage their debt and track all of their assets across asset classes.
“As a result of collaboration with the City of Montréal, FinRad automated their debt and investment management process. We have also simplified the monitoring of their budget parameters for many years to come. This successful project completion is a vivid example of FinLogic’s flexibility to adapt to the most sophisticated business processes and the project management team’s ability to implement a flexible and robust solution to manage the most complex financial instrument accounting rules,” said Jean-François Sabourin, CEO, FinRad.
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