News

Tikkurila boosts its treasury operations with an IT2 system

10th August 2010

OpusCapita has supplied an IT2 Treasury Management system to Tikkurila Oyj, a paints and coatings company headquartered in Vantaa, Finland. The company acquired its own treasury system after it separated from its parent company Kemira Oyj and was listed on the NASDAQ OMX Helsinki last March.
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IT2 Innovates with Fully Integrated Bank Account Administration

7th July 2010

IT2 Treasury Solutions Limited, a leading global provider of treasury management software solutions to corporate treasuries and financial institutions, announces the release of the Feature Pack for version 7.0. The Feature Pack has been delivered on schedule, and includes all its pre-announced components.
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Cash Visibility Remains Asian Treasurers’ Top Priority, IT2 Survey Confirms

28th June 2010

The company-wide visibility of cash and liquidity remains the number one priority for Asian treasurers. This was one of the key findings confirmed in a survey of delegates conducted at the recent joint IACCT / IT2 Best Practice Seminar, "Counterparty Risk Management - the Post-crisis Priorities." The seminar was held in Hong Kong, following IT2’s User Conference on 22nd June 2010.
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IT2 announces strong 2009 results

22nd June 2010

IT2 Treasury Solutions Limited, a leading provider of treasury management software solutions to corporate treasuries and financial institutions, reports strong growth across its business globally in the fiscal year ended 31st December 2009. In terms of revenue, turnover grew by +27% to GBP 9.733 million, with an EBIT (earnings before interest and taxation) of +16% (GBP 1.619 million).
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Cable & Wireless Communications implements IT2

27th April 2010

IT2 Treasury Solutions Limited announces that London-based Cable & Wireless Communications Plc has successfully implemented the IT2 treasury management system as a best practice solution to support central treasury operations.

The TMS project was initiated as a result of the recognition by Cable & Wireless Communications’ management that a replacement system was needed to provide a transparent, complete and properly integrated solution to fulfil critical needs in cash and financial risk management. ...Read more (PDF)

Sveafastigheter opts for OpusCapita’s Treasury solution

24th February 2010

OpusCapita continues to register successes in Scandinavia. The most recent company to invest in a new Treasury Management solution is Sveafastigheter, a private equity firm specialising in property.Sveafastigheter, which manages capital from Nordic and international institutions, will use IT2’s system to manage all loan portfolios, as well as for integrated bookkeeping, reporting and cash flow management.
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Chemtura selects the IT2 TMS

20th January 2010

IT2 Treasury Solutions Inc. announces that Chemtura Corporation, with corporate offices in Philadelphia, PA, has selected the IT2 treasury management system to support domestic and international cash, treasury and financial risk management operations. Carol Anderson, Chemtura’s Vice President and Treasurer, explains: ‘We were very impressed by the IT2 team’s professional approach to understanding our critical business requirements, and in presenting a clear, value added solution. We are looking forward to developing our relationship as we work together to secure our common goal of achieving an efficient and effective best practice implementation.’
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IT2 global User Conference identifies key issues facing treasurers

16th December 2009

IT2 Treasury Solutions, a leading provider of treasury management software to corporate treasuries and financial institutions, has held its annual User Conference in the City of London. The event brought together over 70 IT2 client delegates from companies based in Europe, Asia and the United States. A strategic business objective for IT2 is to regularly seek customers’ views about the company’s service offer and product evolution, and also about emerging industry issues. IT2’s User Conference and Client Satisfaction Survey are important parts of achieving these objectives.
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IT2 launches its Connect web-portal

3rd December 2009

IT2 Treasury Solutions, the leading provider of treasury management software to corporate treasuries and financial institutions, today announced the launch of IT2 Connect, an online resource centre that brings together IT2 clients to help drive business change.

Through its innovative online discussion forum, IT2 Connect gives IT2‟s client-base the opportunity to communicate with other IT2 users, share experiences and ask for tips and advice. It will also enable users to post questions to IT2 and allow free, direct communication between IT2 and its clients.
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Costco Wholesale Corporation Selects IT2

1st December 2009

IT2 Treasury Solutions Inc. announces that Costco Wholesale Corporation has selected the IT2 treasury management system to support their global treasury management operations based at their Issaquah, WA headquarters in the USA.
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Agfa-Gevaert N.V. Implements IT2

12th November 2009

IT2 Treasury Solutions Limited announces that Agfa-Gevaert N.V. has completed the first phase of implementation of the IT2 treasury management system to support its centralised cash, funding and financial risk management operations based at corporate headquarters in Morstel, Belgium. The critical first phase was successfully completed within a period of just six weeks. PricewaterhouseCoopers LLP, who are accredited IT2 implementation partners, participated in the Agfa-Gevaert implementation process.
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Fiskars Corporation chooses IT2

28th October 2009

IT2 Treasury Solutions Limited announces that Fiskars Corporation has selected IT2 to provide a best practice treasury technology solution. IT2’s business partner in Sweden & Finland, OpusCapita, led the transaction. OpusCapita, an accredited IT2 Implementation Partner, is managing the Fiskars implementation project.
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MAG GROUP selects the IT2 Treasury Management System

26th October 2009

IT2 Treasury Solutions Limited announces that MAG Group – the Moafaq Al Gaddah Group of Companies, based in Sharjah, United Arab Emirates – has selected IT2 as their treasury management system. A series of treasury best practice business objectives underlies the MAG Group’s selection of IT2, including the provision of a global cash management solution, the facility to identify superior investment opportunities, and the furnishing of a platform for efficient front and back office and treasury accounting operations.
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Stena Finans benefits from Integrated IT2 Treasury & Asset Management

5th October 2009

IT2 Treasury Solutions announces that AB Stena Finans, Stena AB's finance company, has completed IT2 treasury management system implementation to support both treasury and asset managment operations. Stena are taking advantage of the fully integrated IT2 solution to enhance control and reporting quality across their financial asset and liability portfolios.
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IT2 Version 7.0 – Navigating Uncertainty with Confidence

5th October 2009

IT2 Treasury Solutions announces the release of version 7.0 of the IT2 treasury management system. Version 7.0 addresses the priority financial risk management issues stemming from the financial crisis, as well as offering enhancements to cash and liquidity management, and in technology.
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