Bankaool chooses Adenza Calypso Treasury Foundations solution for securities finance technology news

Bankaool’s Digital Push: Implementing Adenza Calypso Treasury Foundations for Seamless Liquidity Management and Transparency

Bankaool, the first digital-only bank in Mexico, has chosen Adenza Calypso Treasury Foundations solution to meet its treasury management needs. The solution will be used to enhance the bank’s infrastructure for digital services and ensure compliance with regulatory requirements for accuracy and transparency in treasury, liquidity management, and post-trade functions.

Bankaool’s commitment to operating with leading technology and embracing global best practices for data quality processes and transparency was highlighted by Gerardo L√≥pez Flores, the CFO of Bankaool. He stated that the implementation of the state-of-the-art platform will allow Bankaool to provide a greater variety of competitively-priced financial transaction services in the future.

Luis Gustavo Penteado, head of sales for Latin America at Adenza, emphasized the benefits of leveraging the preconfigured reference model of the Calypso Treasury Foundations solution. He noted that this would enable Bankaool to expedite its implementation timeline and begin serving customers, including the unbanked community, more quickly.

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