Steel manufacturer and distributor OneSteel has licensed the eTC treasury management software for its treasury operations. Headquartered in Sydney, OneSteel is self-sufficient in both iron ore and scrap metal, with revenues in excess of AUS$6bn. The system will provide a single framework for central and regional treasury management across capital market, foreign exchange and commodity activity, both externally and internally with business units.
Kelly Scammell, director of City Financials, said: “We are delighted to be able to announce OneSteel as another blue-chip client here in Australia. Together with the recent successful implementations of the eTC software, we start 2010 in an excellent position for sustained growth both in Australia and Asia Pacific as a whole.”
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