The system will be used by TS’s customers to manage funding, investments, FX dealing and risk management. IT2 will be connected to other systems that TS already operates, including Swift, market data systems, trading systems, data warehouse and the center’s general ledger. This will provide TS’s customers with best-practice straight-through processing, and strengthen the total-value chain of the services TS provides.
After an evaluation process, TS chose IT2 because it covers the functionality our customers require and will give us the opportunity to offer a complete treasury and risk management system, said Arnar Bjornsson, project manager at TS.
