More NewsCash Management Poised to Change Dramatically in Europe and Asia, Says New Report

Cash Management Poised to Change Dramatically in Europe and Asia, Says New Report

Competition and revenue pressures are driving financial institutions in Europe and Asia to seek out Internet-based cash management systems according to a new report from Meridien Research. International cash management solutions that serve multiple business segments from a single platform will achieve better investment and market objectives and several vendors have this growing market clearly in their sights. ‘Financial institutions strapped with legacy cash management systems or implementing cash management for the first time will be seeking flexible adaptive solutions that allow them to achieve return on investment more quickly,’ said Maggie Scarborough, Senior Analyst at Meridien Research. ‘Adoption of next generation platforms in the next 18-24 months will tell whether or not one package can serve all.’

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