More NewsBank Thai Selects FNX’s Sierra Treasury Solution

Bank Thai Selects FNX's Sierra Treasury Solution

Bangkok-based Bank Thai is to deploy its Sierra Treasury solution for use in the bank’s treasury department. Bank Thai personnel will utilize Sierra Treasury for a variety of functions: trading, accounting, risk management, and general ledger processing. FNX’s Sierra Treasury product has been built with ‘three-way STP’ – which encompasses three distinctive aspects of the system’s operation. The first applies to the traditional concept behind straight through processing, where a solution is able to process a transaction through its entire lifecycle. The second aspect of three-way STP describes the system’s ability to support a variety of financial products, meaning that a client need only utilize one solution to process diverse financial instruments. The third aspect of three-way STP focuses on a client’s ability to deploy the system’s across a variety of different physical locations or branches and yet view the daily operations, transactions, risk exposure, etc. for the entire organization as a unified whole.

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

4w 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

6m 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

6m 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