CashFac and Unisys ink cloud deal

Source: CashFac

CashFac is pleased to announce its agreement with Unisys to deliver CashFac Virtual Bank Technology on Unisys Secure Cloud platforms.

CashFac and Unisys are working together in the Emea and AsiaPac regions to enable banks to deliver additional cash management services to their corporate customers.

This offering could help generate increased deposits for banks and enhanced services to assist corporate customers in complex cash management. As a result, corporate customers may be able to substantially reduce back office processing costs. In addition to Secure Cloud, Unisys will also provide Systems Integration services for banks and their corporate customers.

Paul Ormrod, Chief Executive, CashFac - "What we have achieved through this agreement is a faster route to the complex cash management market for banks, and at a lower cost. Unisys is a natural fit for CashFac in skills, reach and data centre assets."

Rein Geerdes, Director of Business Development, Payment Solutions and Services, Unisys - "Our customers are increasingly demanding more and faster delivery models, especially cloud-based offerings and Software as a Service (SaaS). Combining CashFac's leading cash management tools and solutions with the Unisys secure cloud proposition we are now able to provide instant availability of cash management services to financial institutions and their customers."

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