DNB Bank Selects TreasuryXpress Treasury Management System

TreasuryXpress has announced that DNB Group has selected the firm’s treasury management solution (TMS), to power their online treasury and cash management offerings to corporate clients.

The solution will streamline cash forecasting, reconciliation, positioning, and debt management for corporate clients. Users will now be able to log on to their online banking portal and access treasury management and reporting tools.

DNB and TreasuryXpress have worked together in order to create a solution that is compliant with Nordic standards. There was emphasis placed on processing performance during the development process, resulting in a secure, scalable solution that can be implemented by the customers and reliably deployed en masse.

TreasuryXpress’ on-demand TMS model delivers high-volume user deployment and performance. Powered by sustainable, digital technology, TreasuryXpress’ on-demand treasury management software model is characterised by a frequent and controlled Agile development methodology, immediate log-on access for clients, short implementation times, responsive performance, and digital integrations and connectivity.