Eurobase TMS Selected by Banco Do Brasil
Banco Do Brasil has Installed Eurobase Banking Solutions’ treasury management solution, Siena. The system will support the bank’s front and middle-office treasury operation in London. Siena will integrate with the bank’s automated trading systems as well as its back-office system, facilitating straight-through processing and lowering transaction-processing costs, according to Eurobase. The system’s positional exposure, cash flow, risk and credit displays, including CLS functionality, will provide the bank with real-time information, supported by settlement and reporting capabilities, added Eurobase.