Financial Sciences Launches Atom 8
Another money market-related press release entitled, "Atom 8 from Financial Sciences Corporation Selected for Global Treasury Management says, "Financial Sciences Corporation, a developer of advanced treasury operations, financial risk management and corporate governance software solutions, today announced that a top Fortune 100 company will implement ATOM 8 to manage its cash, investments, intercompany loans and short term funding needs worldwide. ATOM 8, Financial Sciences' next generation system, brings together global treasury operations, corporate governance and risk management into one integrated, web-based solution. Real-time single-currency equivalent positioning, broad instrument coverage, integrated limit management and emerging markets support provide comprehensive global cash processing and effective liquidity management." CEO Alf Newlin comments, "Our client selected ATOM 8 as their advanced treasury management solution for global payments, cash positioning, bank reporting, investments, debt and intercompany loans. ATOM will deliver comprehensive, real-time insight into liquidity, cash positions and counterparty exposure in over 20 currencies worldwide." The release adds, "The ATOM suite of solutions is a single, web-based platform that enables corporations and financial institutions to increase financial visibility, meet compliance standards and improve operational effectiveness through products for treasury operations, financial risk management, corporate governance and loan/lease syndication and securitization." Financial Sciences Atom is used by a number of large commercial paper issuers and the company is a member of the Commercial Paper Issuer's Working Group, or CPIWG. (Look for Financial Sciences, the CPIWG and Crane Data out at the upcoming AFP conference in Las Vegas this weekend and next week.)
