CSR Selects Salmon Software's TMS

CSR, a global provider of silicon and software solutions, has implemented Salmon Software’s treasury management system (TMS) following an international tender. CSR, which reported revenues of over US$800m in 2010, is a pioneer in the development of single-chip Bluetooth wireless silicon.

Salmon Treasurer manages all aspects of treasury management both locally and globally, many in real time and across a wide range of financial instruments. Salmon Software brings more than 25 years of experience in implementing cost-effective global foreign exchange (FX) solutions.

“We are a truly global company and we required a TMS that helps us manage, access and track our cross-border transactions and cash positions effectively,” said Mark Jennings, treasurer, CSR. “Salmon Software was able to deliver and quickly implement world class TMS at a price that makes sense.”

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