Transoft Launches OptiCa$h/Weather

Thursday 18 November 2004 10:49 CET | News

Transoft has launched OptiCa$h/Weather module, the latest addition to OptiCa$h, the worlds leading currency management solution, defining a direct integration between electronic weather forecast services and currency management.

Transoft polled some of the biggest banks in the world using OptiCa$h and found that following solid cash demand forecasting and cost optimization, the cost impact of last-minute weather changes remained significant. OptiCa$h/Weather allows for anticipating the weather impact on the cash demand at individual cashpoints and provides subsequent cost optimization with optimal cash levels for different weather conditions. The implications can also be severe with extreme weather changes which nature puts in our path. In these cases, OptiCa$h will display pre-emptive alert actions for cashpoints that will be affected by the forthcoming severe weather. OptiCa$h/Weather is designed to help banks gain more insight on how weather events impact their cashpoints and prepare for those events by making cost effective decisions.

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Categories: Payments & Commerce | Payments General
Countries: World
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