Shell International Installs Quantum Treasury Management Solution
Installation forms part of Shell’s strategy to facilitate the centralisation of treasury operations and to increase the ‘risk management’ sophistication in the treasury environment – something that the company’s existing systems were unable to provide. Quantum was selected after an extensive review of banking and corporate treasury systems. According to David Jackson, Shell’s London-based project manager: ‘Quantum was the only system able to provide the required level of functionality and flexibility from front office through to treasury accounting. In addition, we were able to quickly develop a good working relationship with GIS which gave us the extra confidence that we were selecting the right solution.’