Nordea to Provide Exidio's Cash Forecasting Solution to Corporate Customers

Nordea is offering its corporate clients a business-to-treasury (B2T) tool in cooperation with Exidio. Using Exidio’s Trezone, Nordea’s corporate customers will have on-line access to cash forecasts with information about idle cash and funding need globally. Both business units and treasuries can forget about spreadsheet-based reporting and manual consolidation of data. Deployment of the SaaS (Software as a Service) product involves no software installations, and to access the solution, each user only needs a standard web browser and an Internet connection. “We have identified cash forecasting as one of the most common sources of frustration in client treasuries,” explains Gunnar Berger, Nordic head of treasury services in Nordea. Exidio CEO, Timo Hämäläinen, commented: “Branded SaaS for banks through exclusive, regional partnerships is a strategic focus for Exidio.”

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