More NewsTapiola Bank Selects OpusCapita to Deliver IT2 TMS

Tapiola Bank Selects OpusCapita to Deliver IT2 TMS

Tapiola Bank has selected OpusCapita to deliver IT2’s treasury management system (TMS). The first stage of the delivery involves Tapiola Bank introducing treasury solutions for the management of the most common financial instruments. The objective is to maximise automation in trading transactions and to provide flexible and timely reporting, including accounting and risk management.

In the second stage in autumn 2010, the system will be expanded to cover more complex instruments, and the treasury system will be integrated with the bank’s other data systems, such as data storage and accounting.

“For Tapiola Bank and its treasury department, a treasury system that delivers excellent risk management features and covers our reporting needs is a key requirement for our business growth. The new solution allows us to enter all the bank’s interest, currency and derivative positions in a single system, which enables more flexible risk management. The bank’s management is also very happy with a solution that provides more versatile and quicker reporting,” said Kim Selin, treasurer at Tapiola Bank.

Tapiola Bank is developing its treasury business, which was launched at the beginning of 2009. Tapiola Bank offers treasury services to its customers and to other companies in the Tapiola Group.

Related Articles

Preparing for GDPR? Here’s four things to consider

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

2m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

3m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

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

3m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

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

3m 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

4m 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

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

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

4m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

4m Mateo Graziosi