More NewsCity Financials Signs DKSH in Asia for Treasury System

City Financials Signs DKSH in Asia for Treasury System

The DKSH Group, the prime market expansion services group in Asia, has licensed City Financial’s treasury system, eTC, for its global treasury operations. DKSH is based in Singapore and will use the system to fully manage the group’s operations throughout Asia, cash and liquidity management, risk management and interfaces to the group accounting system. DKSH will use the system in the central treasury in Singapore, and allow the subsidiaries to access the system within a secure environment using the web browser access. The subsidiaries will fully manage their FX requirements, using templated FX request functionality to inform the treasury centre of FX exposure and hedging requirements. Central treasury is notified of a request on a real-time basis and can then cover the requirement internally or bulk up numerous requests into one trade per currency. DKSH Holding is a privately owned international marketing and services group. The company offers various business solutions such as marketing, sales, distribution, warehousing, logistics and after sales services in the area of consumer goods, food, healthcare, chemicals, pet products and technology sectors. The company primarily operates in Europe, Asia Pacific countries and the Americas.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha