06/10/2010
Tele2 chooses OpusCapita's IT2 Treasury Management System
When Tele2 chose OpusCapita's IT2 Treasury Management system in
June 2010, it made its decision based on the system's
user-friendliness, security and analytical capability.
Implementation is currently underway.
OpusCapita provides services to companies that need to renew and
automate their financial and liquidity management.
"The deal with Tele2 highlights the increasing demand we see on
the market to replace old technology with modern integrated
solutions. We are eagerly awaiting the system's launch," says Mona
Henriksson, Director of OpusCapita Scandinavia.
In the highly dynamic telecom sector, flexibility and the
ability to meet customers' changing needs are the keys to
success.
"The new system will make our in-house bank activities a lot
easier. It has benefits both centrally for the Group Treasury and
for our international subsidiaries. IT2 provides us with the
support we need for expanded automation," says Cecilia Ardström,
Head of Group Treasury at Tele2.
One of the reasons for IT2's success on the market is its audit
trail function that offers reliable information on all
transactions. In addition, the system has a nominal ledger to
directly display accounting information and a powerful, integrated
risk analysis and reporting capability.
For more information, please contact:
Mona Henriksson, Director, OpusCapita Scandinavia
Telephone: +46 70-527 96 69
mona.henriksson(at)opuscapita.com
OpusCapita
OpusCapita has almost 30 years of experience in liquidity
and treasury management. Thanks to its services and the IT systems
it has developed, the company has established itself as a leader in
automated financial processes. OpusCapita offers its customers
expertise in software and implementation and support services,
which its collaboration with IT2 Treasury Solutions
reinforces.
OpusCapita has more than 100 employees in Helsinki, Tampere
, Stockholm and Copenhagen, and its Nordic turnover reached EUR
13.8 million in 2009. The company was established in Finland in
1984 and it is privately owned. Scandinavian operations were
started in 2004.
About IT2 Treasury Solutions Ltd. (www.it2tms.com)
IT2 Treasury Solutions is a leading provider of treasury
management software to corporate treasuries and financial
institutions. The IT2 TMS is a fully integrated best practice
solution that supports treasury in its entirety, fulfilling cash,
debt and investment, financial risk, treasury accounting and hedge
accounting requirements. Founded in 1982, the company is located in
New York, London and Hong Kong and serves over 230 customers
worldwide, including Abbott Laboratories, A. Schulman, CEVA
Logistics, Delek Hyatt, Hysan Development Co., GSK plc, Marriott,
Pirelli International, Tyco International, Volkswagen International
Finance and Volvo Financial Services.
