GTreasury, a leading global provider of cloud-based software for CFO offices, has announced a new partnership with Necto, a multi-bank API aggregator.
The collaboration aims to expand the reach of GTreasury’s ClearConnect Gateway, a comprehensive global bank connectivity suite, according to FF News.
The partnership will significantly enhance the library of bank APIs available within the ClearConnect Gateway.
By integrating with additional banks across the APAC and EMEA regions, the solution will allow customers to access seamless connectivity and real-time financial data from a broader range of banking institutions.
This expansion is designed to meet the growing demand for accurate and timely financial data in today’s fast-paced business environment.
GTreasury’s ClearConnect Gateway is a robust solution that provides treasury teams and CFOs with instant data connectivity to regional banks, including ANZ, DBS, Barclays, BNP Paribas, and many more.
The gateway offers organisations real-time access to mission-critical financial data, such as current-day balance and transaction reporting, as well as prior-day reporting. By streamlining these processes, GTreasury helps corporations make more informed financial decisions.
Necto, as a multi-bank API aggregator, plays a crucial role in this partnership. The company’s extensive library of global bank APIs will be integrated into the ClearConnect Gateway, further enhancing its capabilities.
The firm’s technology allows for the rapid deployment of bank APIs, ensuring that any bank can go live within days. This collaboration strengthens GTreasury’s position as a market leader in providing advanced financial data connectivity solutions.
This partnership also underscores the importance of modernising banking connections for enterprises. By leveraging the ClearConnect Gateway, organisations can replace outdated and time-consuming banking processes with efficient, real-time API connectivity.
This modern approach not only saves time and reduces costs but also empowers treasury teams with the data they need to make strategic financial decisions.
Guido Schulz, CEO, Necto, commented, “GTreasury’s ClearConnect Gateway has proved to be a tremendously advantageous asset for CFOs and corporate treasurers; the solution replaces legacy processes and financial blind spots with powerful automation and unprecedented breadth of real-time visibility. Those capabilities directly empower organizations to make more informed and timely decisions. We’re excited to partner with GTreasury, provide our library of global bank APIs to bolster GTreasury’s ClearConnect Gateway, and see corporations reap the benefits.”
Victoria Blake, Chief Product Officer, GTreasury, stated, “As a multi-bank API aggregator, Necto enables us to rapidly expand the reach of our ClearConnect Gateway API suite and empower treasury and finance teams with the banking data they need, when they need it. The solution is set up to have any bank, anywhere, live in a matter of days. We’re proud to partner with Necto and to continue to grow the largest banking connectivity library available on the market today.”
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