CFOs and corporate treasurers are constantly looking to find new ways to make more informed strategic decisions, unlock cash visibility and mitigate risk holistically. To meet this demand, FIS, the global fintech, has launched its next-generation enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition.
Treasury and Risk Manager – Quantum Cloud Edition is the latest edition in FIS’ Treasury & Risk Management solution suite. Although the classic version of Quantum will remain available for both new and existing users, this cloud-native solution will support increased workloads, larger transaction volumes, and increased enterprise connectivity. It will unlock insights for more informed strategic decisions and giving customers a clearer understanding of risk exposure and capital allocation.
CFOs and corporate treasurers increasingly need to accelerate performance across their technology infrastructure. According to EY, 65 per cent of businesses have made strategic investments in the cloud, but only 32 per cent are achieving their goals for the technology, a dynamic that reinforces the importance of true scalability for more effective cloud-based ecosystems.
By running on a public cloud, this solution not only features stronger data processing power and connectivity but also can provide a new level of flexibility for quicker implementations, faster product upgrades and more seamless rollouts of new capabilities.
In addition to leveraging the power of the public cloud, this version of FIS’ treasury and risk management solution offers a new Liquidity Hub module for harnessing data from multiple sources – such as enterprise resource planning systems and bank APIs – to enable cash-management analysis in real-time.
Driving growth
“CFOs and corporate treasury departments continually face a complicated landscape of shifting headwinds and tailwinds, including the fluctuations of capital costs, volatile markets and continuously expanding responsibilities,” said JP James, head of treasury and risk management at FIS.
“As part of our commitment to advancing how the world pays, banks and invests, we saw a need for more harmonious workflows that unlock how CFOs and treasurers process company data, understand their financial risks and build well-informed strategies. With this new offering, we’re providing innovative solutions that can help companies better navigate choppy waters and drive growth.”