News

iGTB to offer Societe Generale solutions to improve liquidity management

Wednesday 5 May 2021 10:49 CET | News

Societe Generale has chosen Intellect Global Transaction Banking (iGTB) Liquidity Management Solution to offer its corporate clients a way to optimise liquidity, while unleashing trapped cash.

iGTB's LMS, and its associated Liquidity Management suite of products, is designed with the premise that every EUR of corporate liquidity will be a EUR of bank liability. LMS's cash pooling is augmented with an array of tools for the corporate treasurer to deliver automated liquidity management across multiple accounts, multiple entities, multiple currencies, multiple geographies, and multiple banks. To support the symbiotic relationship between the corporate treasurer and the bank, iGTB's Liquidity Management suite offers processors to improve the bank's balance sheet metrics and, simultaneously, deliver appropriate value to corporate liquidity and deposits.

iGTB's Liquidity Management Solution is a cloud native liquidity management platform that includes capabilities such as cash sweeping, notional pooling, intercompany lending, investment sweeps, fund NAV (Net Asset Value) processing, and cash control.  


Source: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: banks, partnership
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech