IT2 Treasury Solutions upgrades tech

Source: IT2 Treasury Solutions

IT2 Treasury Solutions today announces the launch of IT2 8.0: Reimagine Treasury. The latest release enables users to reimagine their treasury operations; to work in new, more efficient and effective ways, to rise to developing professional challenges and the amplified management demands of today's treasury environment.

IT2 8.0 delivers improvements in operational efficiency and control through its reimagined interface, and a series of headline innovations. Vivid, one-click treasury intelligence provides real-time decision support that enables the treasury team to act with clarity and conviction. In addition, IT2 enables fluid movement between desktops, tablets and phones, meaning that users can pick up any task at hand, exactly where they left off. IT2's automatic adaptive interface optimizes the user's experience for any display. As a result, treasury intelligence, control and execution are now securely accessible anywhere, anytime.

"IT2 8.0 enables treasurers to meet the demands of increased uncertainty, tightened credit and higher levels of market volatility with more confidence than ever before," explains Paul Higdon, CTO, IT2 Treasury Solutions. "IT2's intelligent interface makes it the first TMS of a new breed of business applications. IT2 8.0 puts the user's needs first, delivering access to all treasury information, control and execution via keyboard and mouse or direct touch, in the office or on the move, in real time, on the device of their choice. The vivid new user experience puts decision support at the treasurer's fingertips and is, above all, a pleasure to use."

The IT2 8.0 release is of major significance, through the provision of a number of further technical developments.

IT2 8.0 anticipates the 2013 upsurge in eBAM (electronic Bank Account Management) adoption. Automated Bank Profiling now handles the variations in different banks' portal solutions and messaging formats, paving the way for multi-bank eBAM. It builds on the detailed experiences of pilot users and banks to deliver an effective IT2 eBAM solution for the real world.

In addition, IT2 now supports an even broader range of technical options for deployment. Paul Higdon explains: "IT2 can be installed locally or hosted externally using dedicated hardware or cloud-based platforms. This means that treasurers can select the deployment model that best fits their IT policy and budget."

Functional enhancements to IT2 improve operational and financial efficiency. These include greater flexibility for the engagement of remote subsidiary organizations in cash and treasury management and reporting via the IT2 NET web-based interface; an enhanced intra-day reconciliation process and several powerful workflow and reporting improvements. 

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