TwoFour adds support for cash management

Source: TwoFour Systems

TwoFour today announced the launch of integrated, real-time Cash Management as part of TwoFour, its global, cross-product 24X7 transaction processing system for the financial services industry. With TwoFour’s new cash management functionality, financial institutions, hedge funds, fund of hedge funds and corporations are able to more efficiently manage global cash movement and ensure regulatory compliance, while reducing operational costs.

TwoFour’s robust netting, payment generation capabilities and sophisticated forecasting offer greater visibility and transparency across an organization’s total operations. Its support for real-time monitoring and control of banking and inter-company activities enables precise management of daily cash, foreign currency positions, and short and long term liquidity. Because Cash Management is an integrated component of the total TwoFour Platform, organizations are able to provide faster and more comprehensive service for their customers, while improving internal productivity.

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