Citibank Japan and Oracle Partner on Cash Management
Citibank Japan and Oracle Corporation Japan have partnered to provide global cash management solutions to Japanese corporate customers. The alliance will provide end-to-end cash management solutions primarily to Japanese clients with an international presence through systems interface and joint promotional activities. In response to the new J-SOX compliance requirements, Japanese corporates wanted to embed a cash management structure across their international operations. Clients will now have better visibility of global cash positions, stronger risk management and security, and more efficient cash utilisation through the interface of CitiDirect Online Banking and Citi File Xchange with Oracle Global Cash Management System.