15 December 2017
visit www.solutions.lexisnexis.com

Umpqua Bank licenses TwoFour FX tech

17 December 2013  |  1543 views  |  0 Source: TwoFour Systems

TwoFour Systems, LLC ("TwoFour") today announced that Umpqua Bank ("Umpqua"), a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), has selected TwoFour's Foreign Exchange ("FX") software solution to manage its FX Payments and FX processing needs.

Umpqua, an Oregon-based community bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions, provides retail banking, private banking, and wealth management services to customers in California, Nevada, Oregon and Washington. TwoFour is a specialist provider of global real-time FX and Cash Management software for the financial services industry.

Umpqua licensed TwoFour to expand its footprint in the foreign exchange marketplace. Umpqua will extend its delivery model leveraging TwoFour's client portal to improve the customer experience for its clients. Umpqua selected TwoFour after evaluating multiple solutions because of its depth of market experience and team.

"TwoFour adds secure self-service functionality that will allow us to streamline and enhance our customers' experience," said Tony Oriti, Senior Vice President of Umpqua's international banking division. "TwoFour's client portal ensures our clients can request a quote, manage positions and make payments with a simple user interface."

"TwoFour is a strong solution for regional banks. Our domain expertise and focus in the FX and cash management markets allows us to collaborate with clients, understand their business and technology, and build, deploy, and support a system that aligns with their needs," said Chris Davis, Co-Founder and Managing Director of TwoFour. "We look forward to working closely with Umpqua and to partnering with them to support the growth of their business." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.aciworldwide.comvisit www.response.ncr.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10196 views comments | 16 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9347 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8942 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7592 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7220 views comments | 15 tweets | 24 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job