CHICAGO, June 15, 2020 (GLOBE NEWSWIRE) — GTreasury, a treasury management system provider, right now introduced a partnership with Goldman Sachs that advantages company treasurers leveraging GTreasury’s platform for home and worldwide funds. The deal pairs GTreasury’s cost workflow options with Goldman Sachs’ tech-forward and safe world cost capabilities.
“GTreasury’s ecosystem helps our prospects create digital workflow throughout the company treasury worth chain,” stated Terry Beadle, World Head of Company Growth at GTreasury. “Becoming a member of forces with Goldman Sachs makes it less complicated, extra clear, and extra financial for patrons to make funds.
“Since GTreasury’s acquisition of Visual Risk, we’ve got had a transparent imaginative and prescient of how the seamless mixture of money administration software program and threat analytics can assist our prospects,” stated Renaat Ver Eecke, CEO of GTreasury. “Company Treasurers have welcomed our progressive single resolution technique, and the corporate has grown to turn out to be the main built-in treasury system. We welcome Goldman Sachs Transaction Banking as a strategic companion, constructing on our profitable cooperation with Goldman Sachs Asset Management. That is one more instance of how GTreasury can leverage a real totally built-in single platform to supply distinctive end-to-end options for treasurers all over the world.”
“GTreasury prospects will shortly see the advantages of the frictionless, clear cost expertise and the aggressive pricing that’s inherent to Goldman Sachs World Funds,” stated Hari Moorthy, world head of Transaction Banking at Goldman Sachs. “We’re proud to companion with GTreasury to introduce this progressive but simplified strategy to creating funds throughout the globe.”
Advantages of this partnership for GTreasury prospects leveraging Goldman Sachs World Funds embody:
- A streamlined course of for paying home and overseas distributors in native currencies and at decrease value with aggressive overseas change charges;
- Actual-time cost monitoring that reduces payment-related provider inquiries;
- Value transparency on financial institution charges;
- Optimized cost routing through Goldman Sachs’ superior machine studying strategies;
- Decreased threat on account of improved visibility and management over overseas change funds and foreign money exposures for stakeholders in procurement and treasury.
For greater than 30 years, GTreasury has delivered the main digital Treasury Administration System (TMS) to company treasurers throughout industries. With its regularly innovating Software program-as-a-Service platform, GTreasury offers prospects with a single supply of reality for all their money, funds, and threat actions. The TMS resolution presents any mixture of Money Administration, Funds, Monetary Devices, Danger Administration, Accounting, Banking, and Hedge Accounting – seamlessly built-in, on-demand worldwide and totally secured. Headquartered in Chicago with places of work serving EMEA (London) and APAC (Sydney and Manila), GTreasury’s world group contains greater than 750 prospects and 30+ industries reaching 160+ nations worldwide.
About Goldman Sachs
The Goldman Sachs Group, Inc. is a number one world funding banking, securities and funding administration agency that gives a variety of monetary providers to a considerable and diversified shopper base that features firms, monetary establishments, governments and people. Based in 1869, the agency is headquartered in New York and maintains places of work in all main monetary facilities all over the world.
About Goldman Sachs Transaction Banking
Goldman Sachs Transaction Banking, via Goldman Sachs Financial institution USA, is constructing a contemporary, digital-first, and cloud-based enterprise to assist shoppers construct the way forward for their Treasury. The enterprise combines the energy, heritage, and experience of a 150-year-old agency with the agility and entrepreneurial spirit of a tech start-up.
Contact: Clement | Peterson Public Relations