Our client required a flexible, workflow-based solution that would enhance cash portfolio management and provide FX risk exposure management for their own internal operations as well as their clients. âWe evaluated a number of leading solution providers and selected TwoFour because it provides the most flexible, robust solution. With minimal effort, they can quickly and easily configure the system to support our specific needs,â said their Global Head of Technology and Operations. âOur meetings with TwoFour have made us confident that they understand our business and will work with us to ensure a successful global implementation.â
TwoFour provides the tools to effectively manage cash forecasting and streamline cash movement administration and monitoring, resulting in better service for their clients and more efficient operations. âTwoFourâs support for real-time monitoring and control of banking and inter-company activities will provide precise management of daily cash, foreign currency positions, and short and long term liquidityâ, states their Director of Fund Administration. With a comprehensive global view of all client currency holdings, the fund of funds can also more effectively manage FX risk exposure. The deployment of TwoFour adheres to their strict regulatory compliance practices and will contribute to a reduction in ongoing internal costs.
âWe are extremely pleased to add an organization with such a prestigious reputation in the financial services industry to the growing list of companies that are helping to make TwoFour an industry standard for front, middle and back office trade processing for both âbuy-sideâ and âsell-sideâ firmsâ , said Chris Davis, Managing Director of TwoFour Systems.