Front partners RiskWorX for treasury management

Front partners RiskWorX for treasury management

South Africa-based treasury technology company RiskWorX is to provide risk management services to Front Capital Systems (Front), an operating unit of SunGard.

Under the agreement, RiskWorX will provide risk management support to Front Arena customers in South Africa. In turn, Front will train and certify RiskWorx employees on functional areas of the software.

Arthur Phillips, director, RiskWorX, says: "We are pleased to form this partnership with Front which offers clients a credible resource, provides the banks with project-oriented skills and provides RiskWorX with a strong technology partner that is a leader in its field."

Cliff van Tonder, Front regional manager, Africa and Middle East, adds: "We look forward to extending this offering to our customers in Europe and North America, where RiskWorX also operates."

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