ATOM Treasury & Risk Instrument Coverage Extended to Commodities
US software solutions vendor Financial Sciences Corporation has launched ATOM V8.9, treasury management software that includes comprehensive support for over-the-counter (OTC) and exchange-traded commodities.
ATOM Treasury & Risk, the company’s enterprise treasury management system (TMS), automates and integrates an organisation’s core treasury processes. The system provides real-time visibility of global cash, risk and compliance from one integrated web-based platform.
Financial Sciences said that the addition of complete lifecycle support for OTC and exchange-traded commodities “further enriches the system’s already broad instrument coverage, which currently includes all types of cash, investment and debt instruments and structures.”
“Although there is a need in the market, few treasury management software vendors offer solutions that can properly handle commodities,” said Keith Raymond, director of sales and marketing at Financial Sciences.
“With the new release of ATOM and its support for agricultural, energy, metals, and financial futures and options on futures, Financial Sciences provides a truly comprehensive and functionally rich system. In addition, since ATOM is completely integrated, the new instrument types are supported by ATOM’s hedge accounting functionality.”