BankingCorporate to Bank RelationshipsFides and GTreasury get into Global Bank Connectivity Partnership

Fides and GTreasury get into Global Bank Connectivity Partnership

Customers can take advantage of all the benefits of GTreasury’s innovative TMS and Fides’ bank connectivity to connect to financial institutions and payment providers in 170 countries around the world.

Fides Treasury Services and GTreasury have announced a strategic partnership to extend treasury management technology and multi-bank connectivity to customers around the globe.

The partnership aims to offer seamless multi-bank connectivity through innovative digital TMS.

GTreasury’s Global Head of Corporate Development Terry Beadle commented: “GTreasury can connect corporate treasury organizations to any bank, anywhere in the world, via any file format. It makes sense, then, that we would partner with Fides, the largest multi-banking network in our industry, to extend our service to corporates doing business in the most far flung regions of the world.”

Simon Kaufmann, Head, Client Relations and Marketing at Fides added: “Simplifying multi-bank connectivity for clients is our highest priority. Our partnership with GTreasury will allow us to offer customers greater flexibility and choice for treasury management technology with proven bank connectivity.”

Two months ago, GTreasury enabled automatic execution of trade for Jemena and GTreasury and Goldman Sachs entered into a connectivity agreement similar to its arrangement with Fides.

In the past year, Fides has been actively expanding its global partner ecosystem to deliver a wide range of innovative solutions to its customers, and continues to steadily add new joint customers with its TMS and ERP partners.

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