The investment will further strengthen SEB’s client offering, securing a continued world-class global Cash Management delivery. The Polaris liquidity management system offers an open architecture and its flexibility will enhance the time to market for new innovative solutions to SEB’s clients. Advanced features in the areas of cash concentration, national and cross border pooling, as well as multi-currency solutions will enable SEB to continue offering cutting edge liquidity solutions.

Erik Zingmark, head of cash management at SEB, said: 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 harmonized delivery.