Sveafastigheter, a private equity firm specialising in property, has selected OpusCapita’s treasury management solution.
In May 2008, OpusCapita entered into a collaboration with IT2 Treasury Solutions, which enables the company to offer the IT2 Treasury Management System to clients in Sweden and Finland.
Sveafastigheter, which manages capital from Nordic and international institutions, will use IT2’s system to manage all loan portfolios, as well as for integrated bookkeeping, reporting and cash flow management.
“The new system will make management of our funds considerably easier. We perceive substantial value in streamlining our treasury operation through implementation of IT2. Both for us as fund managers and for our clients, the investors,” said Johan Knaust, chief financial officer (CFO) and partner at Sveafastigheter.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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