Nomentia and FTS partner on cash and treasury management projects

By Gloria Methri

Nomentia has entered a partnership with Finance and Treasury Services (FTS) to support the implementation of its solutions for new clients working closely with Nomentia. As per the deal, FTS will assist the company with project management and technical implementation for clients in the DACH region.

“We are excited to welcome FTS as an implementation partner,” said Karl-Henrik Sundberg, Head of Partnerships at Nomentia. “Their strong treasury acumen will be an asset for delivering excellent implementation projects for our clients in the DACH region.”

As an authorized Nomentia partner, FTS has the capability and the knowledge to deliver implementation projects to new clients in Germany, Austria, and Switzerland. Consultants from FTS have already been working with Nomentia on implementing in-house bank, liquidity management, among other cash and treasury management solutions.

“Implementation projects are always intriguing as questions or additional requests may arise that have not been predictable before the start of the project. Supporting Nomentia as an independent treasury services provider with our deep expertise and knowledge in treasury, we can provide clients with a remarkable implementation experience and support throughout the project and beyond,” said Michaela Friedrich, Managing Director at FTS.

Founded in 2004, Nomentia works to solve the challenges modern treasurers and cash managers face for close to 2,000 clients in over 80 countries, processing more than €1 trillion annually. Its solutions cover the areas of global payments, bank connectivity as a service, cash forecasting and visibility, bank account management, financial process automation, treasury workflows, FX risk, in-house banking, and trade finance.