Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to work on the integration of their leading cash and risk management treasury systems. The deal will also see Visual Risk improve its reach in the U.S. and help GTreasury to access Australia and South East Asia. They will go to market jointly in the United Kingdom, Europe, and North America.
Paul Nailand and Richard Hughes, Cofounders of Visual Risk said: “Our partnership with GTreasury is based on our strong shared vision for corporate treasury, tight fit of risk and cash products and highly complementary geographical footprint. The integration of our products creates a ground-breaking TMS that is formed from the very best cash, payment, and risk solutions available.”
Orazio Manzi-Fe Pater, Founder of GTreasury said: “Integrating with Visual Risk will expand and strengthen GTreasury’s offering, which will help us grow our business worldwide.”
Originated in 1986, GTreasury is the global leader in treasury management solutions for organisations spanning the world. GTreasury’s solution illuminates a treasury’s liquidity by centralising all incoming and outgoing banking activities, along with tracking all financial instrument activities. This gives GTreasury practitioners real-time insight and access into their global liquidity. GTreasury is the only company that offers both an installed and a SaaS solution. Their modular platform and infrastructure allow any size treasury operation the ability to customise a solution that is best suited to their
Visual Risk is a leading provider of risk management and treasury software for both Corporate and Financial Services sectors. Founded in 2001 we actively service a diverse client base across Australia, New Zealand, South East Asia and Europe. Combining deep treasury expertise with innovative technology, Visual Risk delivers a distinctive brand of forward-looking risk analytics, asset-liability management, hedge accounting, cash and treasury management software. Coupled with a deep commitment to delivering market-leading client support and service, this provides treasuries and management with a critical strategic edge.