Egypt’s Central Bank adopts Acumen.plus for treasury operations

By Parth Prabhudesai

Profile Software has announced that the Central Bank of Egypt has selected its Acumen.plus Treasury Management System to modernise treasury, reserve and debt management operations.

The platform will be deployed at the central bank’s Cairo headquarters and is intended to support treasury workflows, compliance, reporting and risk management across a broad range of financial operations.

According to Profile Software, the selection followed an international vendor assessment process as the central bank sought a fully integrated treasury management platform capable of handling growing trade volumes, complex reporting requirements and an expanding universe of financial instruments.

The Central Bank of Egypt was looking for a single platform with configurable workflows and straight-through processing capabilities to improve operational efficiency and centralise treasury activities.

Acumen.plus will provide front-to-back treasury functionality covering trading, liquidity management, reporting, hedging, foreign exchange operations and interest rate risk monitoring. The system will also support the management of investment portfolios, foreign reserves and policy-driven asset programmes.

The implementation is expected to help the central bank streamline settlement processing, accounting operations and integration with market data providers through real-time APIs and automated workflows.

By consolidating treasury activities onto a single platform, the bank aims to reduce operational complexity and improve scalability while strengthening compliance and reporting capabilities.

Profile Software said Acumen.plus has been designed to support the needs of both central and commercial banks and is continuously updated to address evolving treasury and risk management requirements.

The project reflects broader investment by central banks globally in treasury technology modernisation as institutions seek more integrated platforms to manage reserves, liquidity and risk in increasingly complex financial markets.