Treasury technology vendor Wall Street Systems said today that its deal to acquire the assets of Thomson Reuters Corporate Treasury Manager will close at month's end and that it plans to integrate the Treasura workstation with two other treasury products.
Treasura has about 300 users, says Larry Ng, managing director of corporate development at Wall Street Systems (WSS).
"The Treasura business is software-as-a-service focused on cash management in North America," Ng says. "We actually have full treasury functionality, so there's a potential upsell option for us, to sell a full treasury solution to their cash management clients." He says WSS will also sell Treasura's more extensive U.S. cash management capabilities to its existing treasury clients.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Susan Kelly
Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.
