Refinitiv partners with IBSFINtech to launch InTReaX™ in India
By Leandra Monteiro
The financial markets data and infrastructure provider Refinitiv, and the Indian enterprise solutions company IBSFINtech, have collaborated together to launch InTReaX™, an automated treasury management solution for cash and liquidity management, currency risk management, and market insights.
“We are thrilled to enter into this strategic partnership with Refinitiv to support the corporate treasury industry in India as it continues to evolve,” shared CM Grover, Managing Director, and CEO at IBSFINtech, according to media reports. “With our SaaS TMS, InTReaX powered by Refinitiv data and analytics, we envision strengthening every corporate treasury helping to transform the strategic power-center of the organisation. Our on-premise platform is trusted by large corporates across the country and our vision is to expand with this new age SaaS TMS.”
The partnership will help corporates in India modernise and automate their treasury workflow flexibly and enable smooth operations with strategic insights. With this partnership, IBSFINtech is now offering its on-premise TMS on Cloud.
“Our partnership with IBSFINtech is an exciting step towards simplifying modern treasury with robust technology,” added Gautam Verma, Head of South Asia, Data & Analytics at LSEG, according to media reports. “CXOs and treasury heads can now confidently strengthen their strategic decisions at a global level with accurate information on corporate governance that embeds internal compliances. Today’s risk management policies help combat the volatility of foreign currency exposures and we intend to work in tandem with this goal by providing access to Refinitiv Data Scope Select tools and Refinitiv Eikon research.”
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