TreasuryXpress on target to achieve triple digit growth

Published 

Growth is indicative of rising adoption of digital, on-demand treasury management platforms.

New York, NY – TreasuryXpress, the global provider of on-demand treasury management solutions (TMS) today announced a year over year, global sales increase of 83% across the Americas, EMEA, and MENA regions for their on-demand TMS during the first half of 2019. The firm expects to be on target for another triple digit growth of the year. Supporting this accelerated growth, the firm also announced they experienced a 60% hiring increase in their product innovation and client experience teams during this time period.

The firm attributes their continued growth to the scalability and flexibility of their on-demand TMS model as well as their leading, in-house client experience model for both implementation and support. Global companies such as ASGC Group and Orange Lake Resorts are among just a few of the firm’s latest client announcements. With these additions and the company’s expansion into further key markets in Latin America and Europe, TreasuryXpress now supports clients in over 55 countries worldwide.

“Today’s generation of treasury professionals expect for technology to be easy,” says Anis Rahal, CEO and founder of TreasuryXpress. “They understand that it is possible to have economical and frictionless accessibility to the technology that is going to help them gain visibility and control over their global treasury operations.”

As treasury teams and banks globally continue to widely seek and adapt on demand solutions, the company has realised double and triple year over year growth since it introduced the industry’s first on demand TMS solution in 2015.

“TMS providers can no longer force inflexible, commoditized solutions on treasury,” continues Rahal. “At TreasuryXpress, we are realising tremendous growth because we are helping to move the industry into a new era of leveraging digital tools that offer a simpler way of working; tools that provide an economised and scalable way of integrating financial data and systems for treasury teams everywhere.”

 

 

Most recent episodes

Trade Finance Vision: J.P. Morgan and Cleareye Collaboration Plots Future Path

Eleanor Hill (TMI) is joined by Natasha Condon (J.P. Morgan Payments) to discuss the latest trends and innovations emerging from the trade finance arena. Natasha considers how treasurers can improve the efficiency of their working capital, and examines why it remains critical for banks and fintechs to...

29:01

Audio TMI - ESG: Time to Decide

The pressure to comply with ESG initiatives is being felt by corporates like never before, with ESG-compliance a common concern among treasury departments. TMI talks to Lavinia Bauerochse (Deutsche Bank) about treasury’s ...

11:41

Embedded Finance: A 101 Guide for Treasurers

Our latest TreasuryCast guest, Aman Narain (HSBC) sits down with TMI's Eleanor Hill to consider the ways in which treasury might be impacted by embedded finance. In this podcast, Aman explains the differences between embedded finance and BaaS, shares his hopes for the future in this space, and provides...

12:58

Audio TMI - A Modern, Agile, and Efficient Machine

UniCredit's Raphael Barisaac and Massimo Ortino explain how the fir...

What’s on the Horizon for Short-term Investments?

The treasury community has risen to the ongoing challenge of rising interest rates and inflation, with corporate cash serving as the sought-after safety net. Here, Daniel Farrell (Northern Trust Asset Management) and Karl Adams (ICD) consider how the latest MMF reform proposals affect short-term...

39:27

Transitioning a Corporate from LIBOR to CME Term SOFR

The loans market has predominantly moved to forward looking term rates, and both corporate borrowers and global lenders are increasingly turning to CME Term SOFR as the forward looking risk-free benchmarks to support their activities. Listen to this podcast, featuring Gavin Lee, Marco Bianchi (CME...

37:16

HSBC’s Sibos Spotlight – View from Sibos

TMI's Eleanor Hill invites Neil Atkinson, Nadine Lagarmitte, and Vinay Mendonca (HSBC) to discuss the critical treasury topics and conversations highlighted at this year's Sibos conference in Amsterdam. Amongst a wealth of market insights, our guests consider the most critical developments emerging from...

38:40

ECB’s Targeted TLTRO Tweaks Set to Drain Excess Market Liquidity

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 7th...

05:42

Asian Treasury Trends: Learnings and Opportunities

Former corporate treasury professional, Valerie Heng (Deloitte) joins Eleanor Hill to discuss the hot topic of treasury transformation, alongside other key shifts treasurers should be aware of. In this podcast, Valerie uses her knowledge of the Asian Treasury market to explain how the role of the...

20:27