The enhanced product, dubbed Global CASHplus Enhancement Pack, is set to feature 16 new product features for liquidity management, receivables and payments.
Fundtech’s Global CASHplus product integrates cash management capabilities, as well as automated financial supply chain features. Its multi-currency payments and collections management functions are set to support electronic and paper-based transactions.
The system’s global liquidity management functions include real, notional and cross-border cash pooling, as well as cash concentration. Fundtech’s product is set to manage channel finance and services, collections management, payments processing, receivables management, liquidity management and account reconciliation.
In recent news, Fundtech has entered a deal with Italian financial services provider Intesa Sanpaolo (ISP) o offer its Global CASHplus transaction banking system for the latter’s clients worldwide.
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