Treasury Management Solutions at European Banks

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26 January 2004


Milan, Italy January 26, 2004

Treasury Management Systems at European Banks

Celent predicts European spending on treasury systems will surpass EUR 500 million by end of 2004.

In a new report, "Treasury Management Systems at European Banks," Celent examines the treasury management market in Europe and profiles and compares ten vendors of this technology.

The European market for vendor-provided treasury management solutions is evolving as banks are under pressure to control costs and meet new regulatory requirements. More and more banks are considering outsourcing these solutions in order to reduce time to market and increase operational efficiency.

"A few dominant solutions have emerged, but the market is promising for new entrants," says Isabella Fonseca, author of the report. "Costs, open architecture, compliance with local market requirements, product coverage, and integration with existing systems will be important factors for banks choosing vendor-provided solutions."

This 52-page report contains 6 figures and 21 tables.

A is available online.

of Celent Communications' Wholesale Banking and Institutional Securities & Investments research services can download the report electronically by clicking on the icon to the left. Non-members should contact for more information.

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