EKF, Denmark’s credit score export company, has chosen Calypso and its Treasury Resolution to offer straight-through-processing.
In line with Calypso its resolution handed an “intensive EU public tender course of”. The tender, launched earlier within the 12 months, requested for a “cloud-enabled, cross-asset, front-to-back” treasury resolution.
Calypso says its resolution will present EKF with “the agility to answer inner and exterior pressures”.
Visigon, Calypso’s native implementation associate within the Nordic area, is taking up deployment duties. It can additionally handle and oversee upkeep.
Credit score export companies provide commerce finance to assist help home corporations’ worldwide export enterprise.
They usually present loans, mortgage ensures, and insurance coverage to encourage native corporations to commerce and do enterprise overseas.
“We assigned the contract to the Calypso-Visigon partnership because of their expertise and help,” says Maria Linkhorst, head of treasury at EKF.
“We have now been impressed by their experience and their capability to ship implementation effectively, which will likely be essential for our bold timelines.”
Mayank Shah, chief technique officer at Calypso Expertise, says the deal provides to a “rising listing” of shoppers within the Nordics.