Selkirk Financial Technologies Announces eCommerce Treasury Portal, TreasuryCatalystTM

The portal simplifies the delivery of straight-through-processing between corporate treasuries, financial institutions, and other market players involved in financial trades, and also aggregates banking information from countless banks. Selected TreasuryCatalyst services will be made available to clients beginning in Q1 2001. TreasuryCatalyst is a secure, real-time Internet link that enables businesses to execute end-to-end straight-through-processing (STP), allowing the seamless electronic information transfer for the back-end settlement of electronic payments, foreign exchange and investment transactions — that today, require a series of downloads and intermediary steps or manual data entry in multiple systems.

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