Cash & Liquidity ManagementLiquidityGTreasury and Goldman Sachs enter into a connectivity agreement

GTreasury and Goldman Sachs enter into a connectivity agreement

New agreement will create a workflow for investing in money market funds and introduce connectivity to third-party banking and fintech services.

GTreasury has entered into a connectivity agreement with Goldman Sachs & Co and Goldman Sachs Asset Management (GSAM) to connect the Goldman Sachs Liquidity Solutions Portal with GTreasury’s treasury management system (TMS).

The agreement will streamline the workflow for money market investing between GTreasury’s digital TMS and Goldman Sachs Liquidity Solutions Portal and connect GTreasury’s ecosystem with the Goldman Sachs Liquidity Solutions Portal,an on-demand trading platform

Terry Beadle, Global Head of Corporate Development at GTreasury commented: “Our partnership speaks volumes about the increasing role of the TMS as a digital backbone for corporate financial services. Connecting treasury’s ecosystem of third-party bank and fintech vendor processes into a seamless workflow will be essential for corporates that want the easiest route to scale and efficiency.”

Data for powerful decision making

The Goldman Sachs Liquidity Solutions Portal will be connected with GTreasury’s workflow, creating a highly-automated process that populates common client data for powerful decision making.

With a single sign-on to GTreasury, clients will be able to view the big picture of their cash positions and investments in dashboards, perform a tighter sweeping of bank accounts automatically, and enter the Goldman Sachs Liquidity Solutions Portal. Clients can then choose a money market fund from across the broad market of U.S. and international funds and execute their trades. At client instruction, data will flow automatically back into GTreasury, informing cash, investment and accounting activities.

Kathleen Hughes, Global Head of Liquidity Solutions Client Business at Goldman Sachs added: “We’re delighted to work with the GTreasury team to connect this exciting tool with our own liquidity solutions. Greater automation and integrated information will not only save time by simplifying the process but will also give corporate treasury teams the information they need to make the best investment decisions for their needs.”

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