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Planixs opens Frankfurt office

Source: Planixs

Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to banking firms, has announced today it is further strengthening its presence in Europe with a new office in Frankfurt, Germany - allowing the firm to better serve its existing European customers and develop new opportunities in the region.

Based in the heart of Frankfurt’s Financial District, the new premises will provide Planixs will a permanent base in Europe, with the facilities to hold meetings and workshops and host customer networking events.

The new office follows the appointment of Michael Gouverneur as Regional Sales Manager for DACH region and Continental Europe. Michael joined the team in February in a response Planixs’ rapid growth across Europe and the demand for the company’s real-time treasury software solutions.

Planixs’ Realiti® software provides financial services organisations with real-time insight over cash, collateral and liquidity, allowing them to use this insight to improve treasury operations, better manage liquidity risk, ensure regulatory compliance and reduce overdraft and liquidity buffer costs.

The company has experienced significant growth over the last 18-months, especially in European markets, with new customer wins including Santander, Landesbank Baden-Württemberg (LBBW), SIX, Banque Internationale à Luxembourg (BIL), along with Ireland’s Allied Irish Bank (AIB).

Neville Roberts, Planixs’ CEO comments, “Establishing a European base for our operations aligns perfectly with our growth strategy, and as one of the largest Financial Districts in Europe, Frankfurt seemed like the perfect place to do this, especially with the recent appointment of Michael who is based in Germany. Demand is growing for our real-time software at a phenomenal rate and in order to support this growth and provide the best service we can to our customers and prospects we needed to expand our operations and strengthen our European presence.”

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