22 September 2017
Visit http://response.ncr.com

Reval signs Massachusetts Bay Transportation Authority for treasury management service

11 April 2017  |  1895 views  |  0 Source: Reval

Greater Boston’s public transportation agency, the Massachusetts Bay Transportation Authority (“MBTA”), is automating its treasury management function using Reval, the leading Software as a Service (SaaS) solution for treasury and risk management.

The agency will leverage Reval’s cloud-based system to centralize the management of cash and liquidity, payments, and investments and debt.

“We want to move away from spreadsheets to a single system that aggregates all of our information in one place,” says Paul Brandley, Treasurer at the MBTA. “With Reval, we found the platform we needed, but also the right partner to help us smoothly transition from manual processes to automated, straight-through processing of our treasury functions.” MBTA will be creating a centralized, straight-through process to better manage and forecast cash on hand, track investments and debt, and initiate payments, automatically.

“MBTA is setting the standard for other municipal agencies who want to get out from under the mundane, manual tasks that steal precious time away from treasury teams,” says Jason Torgler, Senior Vice President, Reval, in North America. “We’re happy to count MBTA as the newest member of Reval’s community of users.”

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.sibos.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
12284 views comments | 26 tweets | 41 linkedin
Equifax hack: Visa and Mastercard flag 200k compromised credit cardsEquifax hack: Visa and Mastercard flag 200...
10878 views comments | 6 tweets | 17 linkedin
Dutch bank sentences teenage DDoS culprit to community serviceDutch bank sentences teenage DDoS culprit...
9490 views comments | 6 tweets | 3 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8093 views comments | 18 tweets | 26 linkedin
UAE banks pool cyber security dataUAE banks pool cyber security data
8066 views comments | 5 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job