Sat. Mar 2nd, 2024
Bankaool chooses Adenza Calypso Treasury Foundations solution for securities finance technology news

Bankaool, the first bank in Mexico to receive a licence to provide digital-only services, has chosen Adenza Calypso Treasury Foundations solution to meet its treasury management needs. This decision is part of Bankaool’s efforts to strengthen its infrastructure for digital services and ensure compliance with regulatory requirements for accuracy and transparency across its treasury, liquidity management, and post-trade functions.

Gerardo López Flores, CFO of Bankaool, expressed the bank’s commitment to operating with market-leading technology and adopting global best practices for data-quality processes and transparency. He noted that by optimizing the state-of-the-art platform, Bankaool will be able to offer a wider range of competitively-priced financial transaction services in the future.

In choosing Adenza Calypso Treasury Foundations solution, Bankaool was impressed by the preconfigured reference model that will enable them to expedite their implementation timeline and begin serving customers sooner. This partnership reflects Bankaool’s dedication to operating at the forefront of technology and adopting efficient solutions to improve its services.

Luis Gustavo Penteado, head of sales for Latin America at Adenza, highlighted the benefits of leveraging Adenza Calypso Treasury Foundations’ advanced technology capabilities which will help Bankaool achieve greater accuracy and transparency in its treasury management while also improving customer experience through faster transaction processing times.

By Editor

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