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15 June 2011
IT2 Treasury Solutions announces that Kemijoki Oy, the Finnish hydroelectric power producing company, has selected IT2 to provide a solution for its cash, treasury, treasury accounting and financial risk management requirements. Based close to the Arctic Circle in Rovaniemi, the administrative capital and commercial centre of Finnish Lapland, Kemijoki assumes the mantle of IT2’s most northerly client to date.
24 May 2011
IT2 Treasury Solutions Inc. announces that the Financial Management Service (FMS), a bureau of the U.S. Department of the Treasury has selected IT2 as the central repository of information for cash management purposes.
17 May 2011
IT2 Treasury Solutions Inc. announces that the Dow Corning Corporation of Midland, Michigan, has selected the IT2 treasury management system to support their cash, treasury and financial risk management operations.
1 March 2011
IT2 Treasury Solutions announces that the Stockholm based Skandia Insurance Company Ltd (publ) has selected the IT2 treasury management system to provide an integrated best practice solution to support its cash, treasury accounting and treasury risk management operations.
24 February 2011
New research has shown that many corporate treasurers are uncertain about the relevance and implications of new global accounting standards to their treasury operations.
1 February 2011
New research has confirmed that many treasury departments are actively engaged in continuous operations to improve their cash visibility, finding that at present the estimated level of visibility of cash as a percentage of the total cash in the organization is 78%.
26 January 2011
IT2 Treasury Solutions Inc. announces that specialty chemicals company Styron has selected the IT2 system to support their cash, cash accounting and treasury risk management operations.
20 December 2010
For treasury departments, Straight Through Processing (STP) means the automated, controlled, secure and timely transfer of information from the beginning to the end of a defined process. Yet new research has found that only 51% of treasurers are currently using STP or automation to support the flow of work in their organisations.
9 December 2010
IT2 Treasury Solutions announces the appointment of Heikki Horstia to its Board of Directors.
6 December 2010
IT2 Treasury Solutions announces that Rémy Cointreau has completed implementation of the IT2 treasury management system. The IT2 solution addresses a broad range of treasury management business issues, and includes a cash concentration process that provides a high level of autonomy for the Rémy Cointreau treasury operation.