Welcome!

News Feed Item

GTreasury and Visual Risk join forces to create the most comprehensive Treasury Management System in the Market

GTreasury, a leading provider of Treasury Management Systems (TMS), today announced they have acquired and will merge with Visual Risk, an Australian-based risk management and compliance software solution for global treasury departments. Combining GTreasury’s industry-leading cash management software with Visual Risk’s state-of-the-art risk analytics and hedge accounting software will create the most comprehensive and robust Treasury and Risk Management Software (TRMS) in the market.

“We are excited about the value the integrated solution will bring to treasury departments around the world. As the treasury function becomes more complex and strategic, Treasury departments require comprehensive tools to provide analysis, visualization and reporting that address cash, risk management and compliance,” said Orazio Pater, CEO of GTreasury. “After the investment from Mainsail Partners in 2017, we are delivering on our strategy to invest in product innovation and global expansion. We believe the breadth and depth of the combined offering will create a solution for the digital treasurer, transforming the treasury function from operational to strategic.”

Visual Risk’s TRMS platform enables treasury personnel to unlock insights into their exposure to a myriad of risk factors, including interest rates, commodity pricing and foreign exchange. The company’s product suite enables corporations and financial institutions to visualize, analyze, and make strategic decisions regarding the market risks associated with their businesses. GTreasury’s software suite includes its industry-leading Cash Management and Payments solutions which provide essential insights, automation, and tools to help large enterprises manage global liquidity. Combined, the companies will provide treasury departments with the most comprehensive solution available for managing global liquidity and financial risk.

“As globalization impacts more businesses each year, managing interest rate exposure, FX risk, and global cash visibility are increasingly critical priorities for treasury departments of all sizes,” said Paul Nailand, Visual Risk co-founder. “By providing a complete solution, we are empowering Treasurers to spend more time on the strategic aspects of treasury management to increase enterprise value.”

“Our number one priority is that Visual Risk and GTreasury customers continue to benefit from the best-in-class risk analytics and cash management software, ultimately in one seamless solution,” added Richard Hughes, Visual Risk’s other co-founder. “We have been working closely together since we announced a partnership last year and are focused on delivering an integrated product to the market very soon. In the interim we are committed to continue delivering the quality products and services our respective customers have come to expect.”

Pater will be the CEO of the combined entity, whilst Nailand will remain Managing Director of Visual Risk. Hughes will be a Senior Advisor working on strategic initiatives globally. In addition to the offices in Chicago, London, Sydney and Manila, the company will further expand its presence in Europe, where both GTreasury and Visual Risk have a customer base. Terms of the deal were not disclosed.

About GTreasury

GTreasury is the leading innovator of integrated SaaS treasury and risk management solutions for the digital treasurer. Developed using the latest technology, GTreasury helps empower organizations on their path to strategic treasury, by enabling total visibility into their cash, liquidity, payments and financial risk management. With enterprise clients spanning North America, EMEA and APAC, GTreasury is headquartered in Chicago with offices in London, Sydney and Manila. For more information please contact [email protected] or visit www.GTreasury.com.

About Visual Risk

Visual Risk is a leading provider of risk management and treasury software for both Corporate and Financial Services sectors. Founded in 2001 we actively service a diverse client base across Australia, New Zealand, South East Asia and Europe.

Combining deep treasury expertise with innovative technology, Visual Risk delivers a distinctive brand of forward-looking risk analytics, asset-liability management, hedge accounting, cash and treasury management software. Coupled with a deep commitment to delivering market-leading client support and service, this provides treasuries and management with a critical strategic edge., asset-liability management, hedge accounting and treasury management software. Coupled with deep commitment to delivering market-leading client support and service, this provides treasuries and management with a critical strategic edge.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at @ThingsExpo, Dr. Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, presented the findings of a series of six detailed case studies of how large corporations are implementing IoT. The session explored how IoT has improved their economic performance, had major impacts on business models and resulted in impressive ROIs. The companies covered span manufacturing and services firms. He also explored servicification, how manufacturing firms shift from se...
"I will be talking about ChatOps and ChatOps as a way to solve some problems in the DevOps space," explained Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
For better or worse, DevOps has gone mainstream. All doubt was removed when IBM and HP threw up their respective DevOps microsites. Where are we on the hype cycle? It's hard to say for sure but there's a feeling we're heading for the "Peak of Inflated Expectations." What does this mean for the enterprise? Should they avoid DevOps? Definitely not. Should they be cautious though? Absolutely. The truth is that DevOps and the enterprise are at best strange bedfellows. The movement has its roots in t...
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera MyS...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
Organizations planning enterprise data center consolidation and modernization projects are faced with a challenging, costly reality. Requirements to deploy modern, cloud-native applications simultaneously with traditional client/server applications are almost impossible to achieve with hardware-centric enterprise infrastructure. Compute and network infrastructure are fast moving down a software-defined path, but storage has been a laggard. Until now.
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities. In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, posited that disruption is inevitable for comp...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...