17 October 2017

Sveafastigheter selects OpusCapita for treasury management

24 February 2010  |  1420 views  |  0 Source: OpusCapita

OpusCapita continues to register successes in Scandinavia.

The most recent company to invest in a new Treasury Management solution is Sveafastigheter, a private equity firm specialising in property.

In May 2008 OpusCapita entered into a collaboration with IT2 Treasury Solutions, which enables the company to offer the IT2 Treasury Management System to clients in Sweden and Finland.

Sveafastigheter, which manages capital from Nordic and international institutions, will use IT2's system to manage all loan portfolios, as well as for integrated bookkeeping, reporting and cash flow management.

- The new system will make management of our funds considerably easier. We perceive substantial value in streamlining our Treasury operation through implementation of IT2. Both for us as fund managers and for our clients, the investors, says Johan Knaust, CFO and partner at Sveafastigheter.

There is a major requirement in the Nordic countries to replace old technology with modern, integrated solutions.

- We are targeted at companies in Sweden that need to renew the supporting technology for their financial and liquidity management. The deal with Sveafastigheter also confirms the growing demand we are observing in the market, comments Mona Henriksson, MD of OpusCapita Scandinavia.

- This is a further proof of the value of working with a strong regional partner who is fully attuned to local business practices adds Kevin Grant, Chief Executive Officer of IT2 Treasury Solutions. Such a partnership significantly reduces clients' project risk, and facilitates really effective communications and relationship management.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.temenos.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15020 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8261 views comments | 15 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7716 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7082 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6270 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job