DaimlerChrysler Goes Live with Wallstreet's Treasury and Risk Management Suite
DaimlerChrysler has implemented the latest version of the Wallstreet Suite. The company has already implemented the treasury and risk management module, as well as the cash management and accounting at its headquarters in Stuttgart, Germany. The final installation completes the programme to replace several legacy systems, whereby the entire treasury process flow ranging from cash management, exposure management and forecasting, hedging transactions, confirmations, settlements (including SWIFT), treasury related accounting (including hedge accounting) to financial risk reporting is integrated in one system-platform. According to Wall Street, 450 subsidiaries can now capture their treasury data web-based in one centralized treasury-database.