11/07/2011
FOREX Bank investing in new treasury solution
Opus Capita is delivering an IT2 Treasury Management System to
FOREX Bank, market leader in the Nordic region in currency exchange
and banking since 2003. Simpler reporting, increased control and
less manual work are just some of the benefits now that FOREX Bank
is improving its financial processes in the Nordic region.
"The solution fulfills our high demands and we are looking
forward to taking our treasury management to a new level. Automated
processes increase control and reduce the risk for errors, which
increases our reporting quality," says Alan White, treasurer at
FOREX Bank.
OpusCapita is the industry leader within automated liquidity and
payment solutions and assists companies that want to make their
liquidity management more efficient. Through cooperation with IT2
Treasury Solutions OpusCapita offers a modern solution for treasury
management, which is also used by Skandia Treasury and Tapiola
Bank.
"IT2's flexible solutions are well adapted to FOREX Bank's
specific needs. The financial market is constantly changing with
new regulations such as Basel III and IFRS 9 just around the
corner. Therefore, it is important to keep up with developments and
invest in the future," says Mona Henriksson, Managing Director for
OpusCapita Scandinavia.
For more information
Mona Henriksson, Managing Director, OpusCapita Scandinavia
Telephone: +46 705 27 96 69
mona.henriksson( at )opuscapita.com
Magnus Cavalli-Björkman, Managing Director FOREX Bank
Telephone: +46 705 54 63 83
magnus.cavalli( at )forex.se
About OpusCapita
OpusCapita has almost 30 years of experience in Cash and
Treasury Management. With its services and in-house developed IT
system, the company has driven the development within automated
financial flows for some time. Customers are offered expertise
within software, implementation and support services, which the
cooperation with IT2 Treasury Solutions has further
strengthened.
Over 130 employees work in Helsinki, Tammerfors, Stockholm and
Copenhagen, and sales in the Nordic region totalled 17.5 million
euro in 2010. The company was founded in Finland in 1984 and is
since 2011 part of Itella Information. The operation in Scandinavia
was started in 2004.
About FOREX Bank
Since 1965, FOREX Bank has been the Nordic region's market
leader in currency exchange. Since mid-2003, the company has also
offered a growing range of other bank services; borrowing, lending,
payment intermediary services, cash services and credit and debit
cards. FOREX Bank can be found at over 110 central locations
throughout the entire Nordic region and on the Internet at
www.forex.se and can be reached by telephone at: 0200 222220.
