Itochu Enex, a Japanese energy provider, has extended its technology outsourcing with SunGard’s Valdi and Stream Clearvision ASP Services to help operate its front-to-middle office technology platform. The agreement will also provide infrastructure for their commodities hedging business line in Asia-Pacific.
“When recently relocating offices, we integrated SunGard’s Valdi ASP Services for our total commodities hedging solution, which is delivering a lower total cost of ownership to our operations,” said Tomohiro Akaishi, manager, Itochu Enex. “Since the software and infrastructure is managed by SunGard as a fully outsourced solution, it will help us reduce costs and administration of having multiple vendors, and therefore provide more resources for us to better serve our clients.”
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more