SEB Invests In Liquidity Management System
SEB has signed an agreement with Polaris Software Lab to invest in a new liquidity management platform.
SEB has signed an agreement with Polaris Software Lab to invest in a new liquidity management platform.
The Polaris Liquidity Management System offers an open architecture and will enhance the time to market for new solutions to SEB’s clients.
“The commitment to invest in a new “Best of Breed” liquidity platform strengthens our foundation for the future and ensures that SEB will continue to offer a world-class and globally harmonised delivery,” says Erik Zingmark, head of Cash Management at SEB.
“Our solution for liquidity management has gone through a rigorous assessment at SEB, and we have once again proved that we are world leaders in this market space. This is our 6th major liquidity platform implementation with a leading European bank,” says Bikash Mathur, EVP and head at Polaris Europe.
More from BiztechThe investment is part of SEB’s strategic commitment in the cash management area and commences at year-end.
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