More NewsAsia-Pacific Sees Change in Cash Management Environment

Asia-Pacific Sees Change in Cash Management Environment

Research and advisory firm Financial Insights, an IDC company, has released a report that looks at the packaged cash management (CM) solutions market in Asia-Pacific, and how deployment of these solutions by financial institutions has evolved. Li-May Chew, CFA, senior research manager for Financial Insights Asia/Pacific, said: “There is tremendous amount of change happening in the CM environment, calling for ongoing technology investments to support those transformations.” On how the future for packaged solutions is unfolding, Chew sees that “the principal trends that could impact the CM vendor scene include continuous consolidation of Asian banks (which could either accelerate or impede CM investments), sun-setting of legacy systems and rethinking of proprietary solutions”. The report, ‘Packaged Cash Management Review: Mobilizing your Money in Asia’, also provides a snapshot of six prominent CM solution vendors in Asia/Pacific – ACI Worldwide, CashTech Solutions, eBworx Berhad, Integro Technologies, Nucleus Software, S1 Enterprise International – with detailed coverage on their Asian references, partnerships, client support locations out of Asia, and value proposition to clients.

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