Paris-based cash and treasury management vendor, XRT has adapted its Globe$ system for use by large multinational corporations in US markets.
This most recent version of Globe$ is designed specifically to meet the requirements of North American financial instruments and cash management practices, which differ from their European counterparts. New functions include specific payment formats, account structure and centralisation, language parameters, integration of mark-to-market pricing into a unified financial library, and credit lines management.
Globe$, which is already in use among XRT European customers, is designed to manage all treasury centralisation procedures through an integrated set of modules: risk management, front-to-back office dealing, hedge accounting, cash management, domestic and international payments and in-house banking.