The new cash management software, branded under Trident CMS and developed by local company Ascent Software, was recently launched in the Channel Islands.
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According to the company, the solution is designed around the specific needs of financial service providers, enabling new revenue streams and reducing the risks related to being associated with a single bank.
Trident CMS was launched earlier this year and has already been deployed through clients on the island of Jersey.
"After we launched Trident CMS, we were overwhelmed with the attention the solution received. The software proved to be the ideal platform for financial service providers wishing to venture into cash pooling and treasury services as it instantly gave them the flexibility to retain their current systems and work processes," says Joseph Sultana, managing director of Trident CMS.
Trident CMS is a turnkey pooling and treasury software tool, designed to allow financial service companies to manage a pooled fund distributed across multiple financial entities.
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