Treasury Management System from Salmon Software Selected by The Treasury Outsourcing Company

London and Dublin - 22 July 2013

“Powered by Salmon”- Salmon Software TMS to be infrastructural backbone for The Treasury Outsourcing Company in the UK.

Independent treasury management software specialist Salmon Software has announced a a partnership with The Treasury Outsourcing Company. The Treasury Outsourcing Company specialises in offering a comprehensive outsourcing solution to midcap and public sector organisations. It brings together experienced finance professionals from key and different areas of finance.

Gautam Dhillon, CEO for the Treasury Outsourcing Company said: “We are very excited to have this opportunity to work with a leading and highly regarded provider of Treasury Management Software. Through this partnership, firms that were previously excluded from having a dedicated and centralised department will be able to access to a world class, comprehensive and cost effective treasury management solution.”

He added: “Although we are in the early stages of our evolution, our strategy is to become the leading treasury outsourcing provider to mid-cap and public sector organisations in the EMEA region. This partnership is an important first step towards us realising our vision.”

Gary Thomas, Salmon Software’s Managing Director for the UK and Europe said: “We are always on the lookout for innovative partners who offer significant value-added activities in the Treasury family and which complement our existing product mix to offer strong services to the market. We have identified these attributes with our new partners at the Treasury Outsourcing Company and we are looking forward to supporting both their business and customers with a long term and mutually beneficial relationship.”

Salmon Software’s (http://www.salmonsoftware.ie/) TMS flagship product, Salmon Treasurer manages foreign exchange, money market, debt, and derivatives, facilities and other treasury and banking transactions. Amongst other features, it maintains and monitors in real-time a company’s positions, exposures, accounts, cashbooks and cash flow forecasts. The system is designed to be easy to use and provides greater audit and control via transaction tracking.

For treasuries with lower volumes, Salmon Software recently launched T-Series – a suite of cloud computing or Software-as-a-Service (SaaS) Treasury Management System products.

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