FIS Integrity 10 Cloud Solution Aims at Treasury Transformation Needs

Treasury departments are migrating their treasury operations to the cloud to help them reduce IT complexity and manage the cost of delivery of vital treasury services, according to Celent.

FIS treasury Integrity 10 by FM2012

(Image credit: FM2012.)

FIS (Jacksonville, Fla.) has launched Integrity 10 treasury system, which the vendor says combines cloud delivery with a fully web-based platform that reduces ongoing system maintenance efforts and total cost of ownership.

Andrew Bateman, President, Corporate Liquidity and Bank Treasury, FIS.

Andrew Bateman, President, Corporate Liquidity and Bank Treasury, FIS.

Aiming to reduce the time, risk and cost of implementations, Integrity 10 provides treasurers an efficient, standardized implementation methodology, complete with pre-defined workflows, reporting pack, integration with third party solutions and configuration tools. The goal is to help clients eliminate costly, time-consuming implementations, a vendor statement says.

“Integrity 10 is the product of a multi-year effort to deliver the strongest, easiest-to-use SaaS solution to the global treasury marketplace,” comments Andrew Bateman, president of FIS Corporate Liquidity and Bank Treasury. “This release is designed to improve the individual user experience, enhance the already extensive functionality, and to deliver state of the art technology, which will help the solution to perform and delivery better than ever before.”

James M. O’Neill, Senior Analyst, Celent.

James M. O’Neill, Senior Analyst, Celent.

Corporate treasury departments are migrating their treasury operations to the cloud to help them reduce IT complexity and manage the cost of delivery of vital treasury services, according to James M. O’Neill, a senior analyst with Celent. “The added benefit for corporate treasurers of utilizing a cloud-based SaaS model is the assurance that their firm is always running on the latest version of their treasury software solution,” he says. “By doing so, they are delivering greater strategic value to their organizations.”

Single Point of Contact

Once live with FIS Integrity 10, FIS serves as an organization’s single point of contact for all IT support and application management, eliminating the need to have IT staff supporting the solution, the vendor notes. Updates to the software also are included in the service and automatically applied when available. The vendor asserts that the solution eases handling of cash positioning and forecasting, bank account administration, payments processing and bank communication, risk management, as well as accounting, compliance and reporting for corporate treasury departments and banks of every size and geographic location.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For over a decade he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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