Wall Street Systems (Wallstreet) has completed the implementation of Wallstreet Suite at international energy group AREVA.
The software will support the groups strategy to reduce the number of technical platforms in use across its business.
AREVA selected Wallstreet to improve bank communication, plus cash and risk management, and support its effort to increase the efficiency of accounting processes. It specifically selected Wallstreet Suite for its flexibility and interoperability with other IT systems, simplifying overall the energy groups corporate treasury.
Importantly, AREVA also required an integrated treasury solution that could help it drive through business process improvements that reach beyond the treasury department and offer all subsidiaries and financial managers the tools they require to report cash and risk positions in real time.
The implementation of Wallstreet Suite has been a complete success, helping us to simplify our treasury processes and also reduce the complexity of our wider IT portfolio, Sasa Jeremic, IS manager at AREVA, says. We required a corporate treasury technology partner that could deliver industry-leading cash and risk management, plus bank communication, and Wallstreet was flexible throughout, delivering on time and budget.
Mark Lewis, head of product management for Wallstreet Suite, adds: Simplifying complex treasury is what sets Wallstreet Suite apart in the market. Were delighted to have supported another world class client in making their treasury operations more efficient.
(CM)