BELLIN Partners with 360T to Support Their Integrated and State-of-the-Art Confirmation Matching Service
360T, a leading global provider of web-based trading technology, has partnered with BELLIN to offer a Confirmation Matching Service based on tm5.
Against the backdrop of EMIR and other regulatory requirements, confirmation matching has become increasingly important for corporate treasuries. They are required to match trades with banks within a very narrow time frame, and this also represents a challenge for globally deployed and integrated treasury solutions.
BELLIN’s treasury management system tm5 has been offering a comprehensive matching solution for years, and 360T has now partnered with us to support them in providing clients with a fully integrated, comprehensive matching solution and seamless integration. The embedded, free of charge interface exports all trades from 360T to the tm5 confirmation tool. It will allow corporates to exchange electronic transaction confirmations for FX and Money Market deals via SWIFT. The module can also be extended to additional services from BELLIN (e.g. EMIR reporting, in-house banking, cash & liquidity management etc.).
“We’re very pleased that a renowned provider such as 360T has approached us and given us the opportunity to be part of their new confirmation matching offering that will benefit all 360T clients,” explains Michael Juen, Managing Director of BELLIN. “This is a field that has been becoming increasingly important for corporate treasurers in recent years, in particular given the current regulatory environment. We would like to support them in meeting these requirements wherever we can.”
360T is the leading global provider of web-based trading technology. This best-in-class trading technology enables clients to trade OTC financial instruments, particularly foreign exchange (FX) and short term money Market products as well as FX and interest rate derivatives. The company offers a full range of streamlined services across the entire trading workflow. Above and beyond optimizing execution, 360T allows clients to directly reduce their operational costs and risks in all parts of the trading life cycle while enhancing compliance and transparency. The company is regulated by the German Financial Authority and operates as a SaaS setup. 360T serves the needs of corporate treasurers, institutional asset managers and hedge funds as well as commercial and private banks by providing a link to broad liquidity from more than 200 liquidity providers. The 360T network is used by over 1,500 buy side client organizations worldwide, including global and regional corporate treasuries alongside several hundred commercial and private banks and major asset managers.
BELLIN is a global leader in providing web-based treasury software and services for multinational corporations. Founded by a treasurer and built on the expertise of over 100 experts, BELLIN has been exceeding expectations since 1998. tm5, awarded best “Treasury Management System” at the 2015 Fintech Innovation Awards, serves all corporate treasury functions and provides an instant overview of groupwide finances, mobile and in real time. BELLIN solutions for liquidity planning and financial risks, global payments, netting and risk management as well as the integrated BELLIN SWIFT Service, SaaS/hosting or Treasury as a Service (TaaS) inspire more than 15,000 companies with 25,000 users in 150 countries and counting.
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