Eurobase is pleased to announce the acquisition of the Parity Treasury Management Software from Manex Treasury Systems Ltd, its flagship product. As part of the acquisition all existing Parity clients and Manex staff will move to Eurobase.
Manex has been supporting building societies, banks and corporate treasuries across the UK since 1988. Similarly, Eurobase has been providing treasury solutions to financial institutions for over 25 years. The company prides itself on long standing relationships, customer service and is proud of the fact that all existing clients are active reference sites for both its products and services.
Eurobase is committed to the small and medium sized treasury solution markets and a number of synergies with Manex and its Parity software have led to the securing of this arrangement. Eurobase brings its vast expertise of treasury operations and its leading real-time treasury solution – siena. Manex brings its extensive knowledge of its existing client base, their treasury requirements and the Parity software.
Eurobase will continue to support the existing Parity users with the added value of offering a seamless upgrade to its superior treasury solution – siena. Eurobase is also pleased to confirm that Nick Eaton and Simon Edmunds from Manex will be joining the operations team at Eurobase.
Joe Locke, CEO – Eurobase Systems said “Eurobase is pleased to have expanded its presence in the building society and corporate sector through this acquisition. We look forward to working with the existing Parity user community, offering them an attractive, seamless upgrade to a superior product in siena, and to increasing our building society and corporate customer base”.
John Wilson, CEO Eurobase Group comments “This acquisition underlines our growth aspirations at Eurobase and increases our presence in the building society and corporate sectors’’.