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Technology news

SuMiTB selects Login’s Acumen net for treasury operations


02 May 2019 Tokyo
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Sumitomo Mitsui Trust Bank (SuMiTB) has selected Profile Software’s Login’s Acumen net to support its treasury operations across six overseas offices in the UK, US, China, Singapore, Hong Kong and Thailand.

Through Login’s Acumen net, valuation of complex instruments can be shared with the back-end for proper accountancy.

The programme will also support flexibility and efficiency of operations by integrating several dealing platforms currently used by SuMiTB and will interface with the system to set up real-time imports, ensuring minimum user intervention throughout the deals’ life-cycle.

Financial instruments managed by Login’s Acumen net cover foreign exchange, securities, over-the-counter derivatives and exchange-traded derivatives.

SuMiTB offers financial services such as syndicated loans, real estate finance, project finance and other finances. It also provides asset management and real estate management service, as well as consulting services, including advisory and consulting for corporate clients.
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