Ocwen Financial Corporation Selects Quantum Treasury Management Solution
Ocwen Financial Corporation has licensed the Quantum Treasury Management Solution for use in their corporate treasury center located in West Palm Beach, Florida. Quantum will provide Ocwen with an integrated solution for cash management, treasury management, risk management, and accounting. Ocwen Financial Corporation is a financial-services holding company engaged in diverse real estate activities, including acquisition of distressed commercial and residential properties, discount loan acquisition and resolution, and loan servicing for others. Ocwen Corporate Treasury is responsible for cash positioning, cash forecasting, debt, investment and securities management, funds movement, and transaction accounting for all Ocwen subsidiaries.