OptiCash will be used to automate cash forecasting, cost balancing, ordering, monitoring, expense tracking and more for Banamex. OptiCash also takes into account seasonal fluctuations, events and trends that influence demand for cash to ensure maximum network availability.

Samuel Lara, director of consumer banking of Latin America at Banamex, said: With OptiCash we will realize significant recurring savings through decreasing cash holdings, reducing associated costs and improving operational efficiencies. We are confident that with Transoft as our currency management solution provider we are standing on solid ground.