Ecofinance Finanzsoftware & Consulting, a Austrian provider of treasury management software, says the new release of its Integrated Treasury System (ITS) software, version 9.0.0, is easier for companies to use. The latest version of ITS adopts the new financial file standard, ISO 20022, which ecofinance says boosts its international payments processing capabilities. Other new features include the ability to value compound options and commodity swaps.
Northern Trust, the Chicago-based bank, says it has added over-the-counter derivatives counterparties to the securities exposure reporting that it provides to its customers on its Web portal, Passport. The bank says the addition of OTC derivatives counterparties will help institutional investors gain a deeper view of their exposures. Customers can enter a stock ticker, security identification number or issuer name into Passport and immediately see their total holdings in all types of assets, across all their accounts.