Chicago-based cash management vendor GTreasury and Sydney-based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to work on the integration of their leading cash and risk management treasury systems. The deal will also see Visual Risk improve its reach in the U.S. and help GTreasury to access Australia and South East Asia. They will go to market jointly in the UK and Europe.
Paul Nailand and Richard Hughes, Cofounders of Visual Risk said: “Our partnership with GTreasury is based on our strong shared vision for corporate treasury, tight fit of risk and cash products and highly complementary geographical footprint. The integration of our products creates a ground-breaking TMS that is formed from the very best cash and risk solutions available.”
Orazio Manzi-Fe Pater, Founder of GTreasury said: “Visual Risk will help grow our business in EMEA and extend our risk management offer in the Americas. We have both made a long-term commitment to integrate our technology and grow our business together.”