Fundtech White Paper Outlines Best Practices in Choosing a Connectivity Partner

Published 

— Corporates of all sizes increasingly seek reliable, integrated connectivity solutions that add value and scale to evolving needs

New York –  Fundtech, a market leader in global transaction banking solutions, today released a white paper listing nine key considerations for choosing a connectivity partner. Titled “Best Practices in Choosing a Connectivity Partner,” it serves as a guide to corporates that seek to connect to banks (via SWIFTNet, for example) in order to enable their business to take advantage of standardized payments and messaging. 

As globalization gathers pace and even smaller corporates conduct international business, financial messaging connectivity via a service bureau is moving down market, and appealing to corporates of all sizes. As more and more corporates realize the value that a connectivity provider could bring, it is important that they not only consider the partner’s attributes and capabilities, but also their own unique needs and how they may evolve in the future. The right partner can improve straight-through processing rates, streamline banking relationships, enhance working capital management, and increase fraud prevention—and will scale with the corporate as it grows and evolves.

“By selecting the right connectivity partner, a corporate will gain the benefit of a solution and service that will adapt to its expanding needs,” says Per Trifunovic, Chief Executive Officer of Fundtech’s BBP business unit. “Put simply selecting the right connectivity partner is not just a decision for today, but one that has implications that will continue for years to come.”

The white paper contains two case studies exploring corporates that have benefited from a using a service bureau for financial messaging connectivity. The first case study looks at how Coca Cola Hellenic used a connectivity partner to centralize treasury and upgrade its messaging infrastructure. The second study on Swiss Re shows how the company quickly realized improved inbound and outbound messaging information and improved its cash management capabilities, among other things.

To download a complimentary copy of this Fundtech white paper, please visit: http://www.fundtech.com/library/white-papers/.

Most recent episodes

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

00:00

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00

FX Connections: Bringing Transparency to Cross-Currency Payments

Cross-border activity is growing at a remarkable rate, making FX payments a hot topic for treasurers across the globe.  In this TreasuryCast episode, Eleanor Hill asks Daniela Eder and Gibran Maqsood (Barclays Corporate Banking) to provide their key action points around FX payments in 2022. Our guests...

21:00