Mexican digital financial institution Bankaool has chosen the Adenza Calypso Treasury Foundations answer to fulfil its treasury administration necessities.
It’s going to apply Calypso’s cross-asset front-to-back answer to strengthen its infrastructure for digital providers and to satisfy regulatory necessities for accuracy and transparency throughout its treasury, liquidity administration and post-trade features.
Bankaool is the primary financial institution ever to obtain a licence from the Mexican authorities to supply digital-only providers.
Commenting on the event, Gerardo López Flores, CFO of Bankaool says: “This engagement displays Bankaool’s dedication to function with market-leading expertise and embrace international finest practices for data-quality processes and transparency.
“With the general optimisation of this state-of-the-art platform, Bankaool can present extra diversified and price-competitive monetary transaction providers sooner or later.”
Luis Gustavo Penteado, head of gross sales for Latin America, Adenza provides: “By leveraging the Calypso Treasury Foundations’ preconfigured reference mannequin, Bankaool can fast-track its implementation timeline and start serving prospects together with the unbanked group a lot sooner.”