Stockholm, Sweden – 6 October 2021 – Treasury Systems Sweden AB and Sealfx AB, two leading fin-tech companies in the treasury industry has today entered a strategic partnership to offer corporate clients powerful end-to-end FX trade automation and currency risk management.
“The demand for increased automation in FX trading and currency risk management is higher than ever before as treasury departments are seeking to spend less time and still manage large transaction volumes. Automation is key to free up time spent on routine FX trading and with Sealfx we have found the perfect partner to broaden our capabilities in this area. It is fully in line with our best-of-breed approach”, says Erik Åkerlund, Head of Sales at Treasury Systems.
Treasury Systems have a deep background in core treasury application development focusing on financial instruments and derivatives, currency- and interest rate risk management, accounting and market valuation. Sealfx has developed digital services that both simplify and streamline the currency management process for companies that operate internationally. With a focus on business needs, currency management is performed automatically in relation to the company’s bank.
Trades created by Sealfx are seamlessly feeded into Treasury Systems for back office control, accounting, analysis and reports.
“With Treasury Systems we have found a partner to further grow our market for FX trade automation. Our services fit like hand in glove and enables our mutual clients to save valuable time and effort and increase efficiency through-out the treasury value chain”, says Marie-Louise Jarl, CEO of Sealfx.
The partnership enables both parties to market and offer clients a highly sophisticated (state of the art) solution for FX trade automation end-to-end. Together we create a solution for managing global FX risk, which includes gathering of data, trade execution, consolidation and reporting, analytics, decision support and payments. The result is fully automated FX Management for clients with global exposures. All in all, a faster and more efficient way to reduce FX risk and cost.
About Treasury Systems
Treasury Systems provides cost-effective solutions for corporate treasury administration. With the most modern SaaS corporate treasury system on the market, we support instruments in markets for Foreign Exchange, Interest rate risk, Commodities, Guarantees and Mortgages. With years of experience of corporate treasury and financial software, we focus on treasury know-how, cost efficiency for our customers and a superior level of service.
Learn more at treasurysystems.com
Sealfx offers unique and automated, cloud-based, currency management services. Our services manage the entire lifecycle of global currency risk, from pre- through post-trade processes with seamless communication between companies’ own business systems and their banks or FX platforms. An end-to-end service that helps the companies to reduce or even eliminate negative impact on financial results.
Learn more at sealfx.se