On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
From the Association for Financial Professionals’ annual conference (#AFP2017)
TreasuryXpress, the global leader in frictionless and on-demand treasury management solutions (TMS) today announced that it has closed a growth investment of $5 million from a consortium of investors including MEVP, iSME Capital, and Azure Fund.
The investment provides TreasuryXpress with an opportunity to continue to leverage the growing market need for on-demand treasury management and financial products. Following two consecutive years of triple digit growth in the US and EMEA regions, the investment allows the firm to continue to expand their on-demand business model into key markets with treasury-friendly fintech solutions.
“Over the past three years, TreasuryXpress has redefined the treasury management market by increasing the buying power of treasurers worldwide,” says Anis Rahal, CEO and founder of TreasuryXpress. “By delivering solutions that change the way treasury teams can purchase, implement, and consume treasury and financial technology, we have successfully introduced a new model of TMS to the market that allows companies to automate and improve processes quickly and scalably. We are thrilled that our investors recognize both the potential of the on-demand treasury management solution market and TreasuryXpress’ ability as the leading innovator of modern TMS technology.”
With the largest portfolio of on-demand treasury products and APIs in the industry, TreasuryXpress has removed the barriers of automation for over 125+ treasuries of all sizes worldwide by economizing and de-cluttering resource-intensive operations. Additionally, TreasuryXpress supports 140+ self-service clients of their fintech products and APIs available in their online store. Recognized for innovation and performance by trusted industry outlets such as the Treasury Today Adam Smith program, TreasuryXpress continues to impact and innovate the global treasury stage.
TreasuryXpress, a global FinTech provider, was created with one simple aim – to give all companies powerful, cost-effective, and easy-to-implement Treasury Management capabilities that empower them to be able to work smarter!
Our solutions centralize more than 10,000 bank accounts daily and process electronic payments for over 7 billion USD each year.
The pound has been, and will continue to be, particularly sensitive to Brexit-related developments.While recent progress in negotiation talks has reduced the chance of a disorderly Brexit, it remains a key risk for GBP, capable of triggering significant volatility.
Far and away, the largest financial market on the planet is the foreign exchange currencies market, where on average individuals and organisations trade more than $5 trillion daily. In the FX world, the ability to master the market isn't considered a luxury for treasury officers–it's a necessity.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
After months of debate, the EBA has just released a new and probably final version of the Regulatory Technical Standards. The next steps are now the adoption – or rejection – of the RTS by the European Parliament and Council within the next three months.