TIS Announces Three New Industry Partnerships During May

The last few weeks have been an exceptionally busy period for TIS. This is particularly true within the realm of business development, as we recently introduced a new series of industry partnerships with several major financial institutions and service providers. You can learn more about each of these partnerships and their expected impact on our clients, prospects, and the industry at large in the below summary briefs.

Citi & TIS Launch Next-Generation Cash Flow Forecasting & Working Capital Insights for Companies

New York, NY – May 1st, 2023: Citi’s Treasury and Trade Solutions (TTS) has expanded its relationship with Treasury Intelligence Solutions (TIS), a global leader in cloud-native cashflow, liquidity, and payment solutions. Joint clients may now, through Citi, gain access to TIS’ innovative cash forecasting and working capital platform, enhancing Citi’s end-to-end solutions suite across its market-leading global banking network.

This relationship expansion follows the joint successes Citi and TIS have had in helping companies become more digital, efficient, and automated in managing cash and working capital. TIS provides an innovative platform with rich data analytics and streamlined workflows to drive enterprise cash management, forecasting, and working capital optimization. Smart logic provides users with deep insights to their cash flows, invoicing cycles, payment trends, and vendor behavior on a global scale.

As a result of the expansion, Citi clients may now gain streamlined and direct access to the TIS platform, in addition to Citi’s extensive banking network and global cash management and working capital solution suite. Companies can use the insights provided by TIS through Citi to optimize liquidity more effectively, strategically manage working capital deployment across suppliers and customers, and improve treasury funding and investing activities.

Stephen Randall , Global Head of Liquidity Management Services, Citi Treasury and Trade Solutions said, “Against a challenging global environment, corporate treasuries and finance teams are focused on improving liquidity and working capital management. The TIS platform, now available through Citi, supplements our solutions by integrating with client ERP systems to help deliver dynamic visibility over working capital, cash forecasts, and enhanced decision-support for strategic liquidity and working capital optimization.” Citi’s industry-leading global network helps companies capture and centralize liquidity to fund working capital needs and redeploy excess liquidity.

Regarding the benefits that this relationship offers to TIS and Citi clients, Chris Calhoun , CEO Americas at TIS, stated: “Strengthening our strategic relationship with Citi has already helped create significant advantages for the many treasury and finance professionals who rely on our services. Having seen firsthand how our integrated solutions are driving automation and efficiency across the office of the CFO, we are confident this relationship is an effective channel to further bolster our clients’ cash forecasting and working capital capabilities.”

Working together, Citi and TIS aim to help advance the client treasury journey from historic reporting to predicting a company’s future cash position and working capital needs through a fully automated, integrated, and intuitive workflow.

Citi Treasury and Trade Solutions (TTS) helps enable our clients’ success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions, and public sector organizations across the globe. Based on the foundation of the industry’s largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering a comprehensive range of digitally enabled treasury, trade, and liquidity management solutions.

StoneX Global Payments & TIS Partner to Offer Enhanced FX Payment Services for Corporate Treasury & Finance Teams

Berlin, Germany – May 9, 2023: Today, StoneX Global Payments and Treasury Intelligence Solutions (TIS) have formally announced an official partnership agreement. Under the arrangement, StoneX and TIS will combine their extensive experience in cross-border payments and cloud-native payment solutions to create an unparalleled level of global service and coverage for corporate treasury and finance teams.

The partnership, which leverages both companies’ comprehensive industry knowledge and market-leading software solutions, enables corporate clients to drastically simplify the complexity of cross-border and foreign exchange payments. As a result, treasury and finance professionals can gain total visibility over their FX transactions, as well as full transparency to FX rates before transfers are initiated and executed. Ultimately, this gives corporate clients a more cost-effective and straightforward workflow for their FX payments, as well as increased protection against currency risks and other common international payment challenges. Today, the service provides a gateway into global markets across 140+ currencies and 180+ countries, allowing clients to choose the right payment option in each scenario with a guaranteed payment delivery of 48 hours or less.

“Teaming up with TIS unites their offering in key areas of corporate clients with our strengths in global payment solutions and technology. This enables our customers not only to leverage efficiency and automation potentials, but also to benefit from cost savings in the local currency business. We are looking forward to a fruitful partnership with TIS”, said Marc Joppeck , Head of Sales & StoneX Payments Division Germany & Corporate Payments Europe.

The strong connectivity between TIS and their customers’ back-office systems and banks, following a multi-channel banking approach across any preferred network, makes payment processes streamlined, secure, and efficient. Both TIS and StoneX Global Payments have strong SWIFT partnerships and are fully compatible with ISO 20022, as well as the full scope of other messaging standards in use today. This means StoneX Global Payments and TIS can offer fully integrated and automated end-to-end processes regardless of the unique requirements presented by specific clients.

Regarding the benefits of this partnership, J?rg Wiemer , Co-founder, and CSO at TIS, stated: “The collaboration with StoneX Global Payments enables our customers to significantly reduce FX payments costs and to further streamline cross border payment processes. With automated, ERP integrated processes as well as full transparency on cash flows and FX rates, we can offer market-leading services that provide our customers fast and efficient access to global markets. We’re excited to push this collaboration further.”

In recent months, StoneX Global Payments and TIS have already proven that the benefits their partnership provides to organizations are critically important. As of October 2022, TIS clients including the award-winning non-profit organization IFAW are leveraging the FX payment solution to achieve substantial cost-savings over their previous setup. The partnership continues to deliver outstanding results for many other clients as well.

Moving forward, the combined strength of StoneX Global Payments and TIS is expected to continue creating enhanced global market access and optimized FX strategies, resulting in a partnership that consistently delivers maximum value to corporate clients.

RBI & TIS Join Forces to Offer Customers Enhanced API & Connectivity Services

Vienna, Austria – May 10, 2023: Vienna-based Raiffeisen Bank International AG (RBI) and Treasury Intelligence Solutions (TIS) , with headquarters in Germany and Boston, have joined forces to provide mutual customers in the corporate cash management area with state-of-the art solutions. Among many other benefits, corporate customers will be able to seamlessly connect to API (Application Programming Interfaces) powered products of RBI and other financial institutions via the TIS platform and manage their treasury operations centrally using their preferred system.

“This cooperation with TIS, the leading fintech in its area of expertise, is a milestone in our cooperation strategy with the fintech-scene. Our customers can now receive RBI account statements in real time within the TIS application. This is currently possible for RBI accounts in Austria, Serbia, and Kosovo with more extensions planned within this year,” said Susanne Prager , head of RBI’s Cash Management department. “This joint product is exactly what our clients are looking for in terms of user experience, and we are very happy that our valued customer Porsche Holding validates our approach.”

“The APIs developed by RBI and embedded in the TIS web interface will represent a significant milestone in Porsche’s pursuit of real-time treasury. We can see the immediate value this product adds into our daily treasury operations,” said Heimo Tiefenb?ck , Group Cash Manager at Porsche Holding GmbH.

J?rg Wiemer , Co-Founder and CSO at TIS, said, “TIS has worked closely with RBI to develop a suite of APIs that provide real-time statement generation, payment processing, and payment status updates. As part of our commitment to continual connectivity evolution, they offer valuable additional benefits and real-time insights for our clients without requiring extensive IT projects.”

As opposed to today’s treasury routines with batch processing and end-of-day availability of balances and statements, APIs will become part of the “new-normal”, at least for RBI’s and TIS’s customers. APIs, alongside other connectivity options, are a crucial piece of the puzzle across the Office of the CFO: The set of programming code enables automated and real-time data transmission between Banks, ERPs, and Treasury systems and thereby supports various use-cases surrounding real-time and on-demand payments and balances.

Learn More About Our Recent Industry Partnerships

For a complete list of recent industry announcements from TIS, you can refer to our official press release library . To receive regular updates and alerts from TIS on an ongoing basis, follow us on LinkedIn and subscribe to our monthly newsletter!