More NewsFundtech Launches CLS Solution for Third-Party Banks

Fundtech Launches CLS Solution for Third-Party Banks

Fundtech has announced the launch of PAYplus for CLS Third Party Edition(tm) and IOSwaps Manager(tm), two new products for the CLS(tm) market designed to help financial institutions eliminate risk associated with cross-currency foreign exchange transactions and improve straight through processing (STP). The firm’s clients include 18 CLS settlement members, twelve of whom recently went live with Fundtech’s PAYplus for CLS and are now using the solution to connect to the Continuous Link Settlement (CLS) System for foreign exchange (FX) settlement. Fundtech also announced two new banking clients: the UK’s Co-operative Bank plc recently went live with CASHplus*, Fundtech’s new generation cash management solution; and Australia and New Zealand Banking Group Ltd. (ANZ) is now using the firm’s Global PAYplus* payment system in New Zealand.

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