FXpress Corp.
Position | TREASURY SOFTWARE |
FXpress Corp., a leading provider of treasury risk management software, has released the first phase of FIRST[TM] Cash Management, a new module of the FIRST[TM] Treasury System, FXpress' fully integrated, Web-based treasury workstation. FIRST[TM] Cash Management was unveiled to the treasury community this fall at three trade shows.
The inaugural phase of FIRST[TM] Cash Management, says the Bala Cynwyd, Pa.-based FXpress, includes integrated functionality to support bank statement management and reporting and operational transaction parsing with integrated cash accounting. This new core functionality provides automated importation and transformation of prior-day and current-day bank statements in multiple formats, including BA12 and SWIFT.
Users can easily assign cash accounting to each operational cash transaction with security-driven transaction and accounting workflow and review capabilities. Other core functionality--including liquidity positioning, in-house bank and cash pooling, and cash flow reconciliation--will be available in the first quarter of...
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