More NewsBottomline Acquires SMA Financial

Bottomline Acquires SMA Financial

Bottomline Technologies, a provider of collaborative payment, invoice and document automation solutions, has acquired SMA Financial, a provider of software-as-a-service (SaaS) connectivity to SWIFT for the automation of payments and financial messaging.

This acquisition combines a well-known SWIFT Regional Partner (the UK, Ireland and the Channel Islands) with Bottomline’s expertise in treasury and cash management technology. The combined offering will focus on providing SaaS-based SWIFT connectivity, to be called SWIFT Access Service, and next-generation treasury and cash management solutions to a range of bank and corporate customers.

“We are very excited to welcome SMA clients to Bottomline and are fully committed to their continued success,” said Bottomline president and chief executive officer (CEO) Rob Eberle. “SWIFT Access Service is a natural extension of our suite of cloud-based offerings designed to assist corporations and financial institutions streamline their payments processes and realise the associated cost savings and efficiency benefits.”

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