More NewsGeneral Motors to Deploy ASP Treasury System From FNX

General Motors to Deploy ASP Treasury System From FNX

US motor manufacturer General Motors has selected FNX’s Sierra Treasury ASP for use by its Corporate Treasury Group. Sierra Treasury ASP provides a full suite of Trade and Risk Management functionality in a browser based portal-like environment and supports straight through processing (STP) for a variety of financial products, including: FX cash, FX options, exchange traded products, commodities, money markets, and interest rate derivatives. FNX CEO Farid Naib commented: ‘The decision by GM’s sophisticated, globally oriented Corporate Treasury Group to use Sierra Treasury ASP for their commodities trading needs is a solid affirmation of the product’s ability to deliver a reliable solution at a significantly reduced cost.’

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha