City Financials Signs European and Australian Clients
Two new clients have signed up to use City Financials’ eTC treasury management system. UK engineering company The Weir Group says it chose eTC because the group needed IAS39 compliance for its worldwide foreign exchange activity, and because it needed to centralised visibility of all group-wide treasury activity. Australian client, Bell Commodities, says it plans to use eTC for processing the foreign exchange requirements of its clients including direction interaction via a web browser. “Signing clients in Europe and Australia demonstrates the appeal of eTC to users regardless of location or functional requirements,” said City Financials’ managing director, Steve Whalley.