Baird Awarded for Harnessing Technology with Ripple Treasury

Chicago – May 15, 2019 – Baird was highly commended last week with Treasury Today’s coveted Adam Smith Award for Harnessing the Power of Technology, using Ripple Treasury – provider of a SaaS platform for integrated cash management and risk management. This is the second industry award the international financial services firm won for its collaboration with Ripple Treasury on an API-enabled transaction assignment and posting project for automated reconciliation matching.

“We couldn’t be happier for the Baird team for their innovation and collaboration on this project,” says Ripple Treasury Chief Product Officer Ashley Pater. “They embody the concept of partnership and are a model for how corporate treasuries can advance their organizations and the industry.” Baird was previously recognized with an Alexander Hamilton Award for Technology Excellence. Baird will be honored by Treasury Today in a June awards ceremony in London, and its story will be profiled in the magazine’s upcoming Adam Smith Awards Yearbook 2019.

Baird chose Ripple Treasury for its flexibility in automating transaction-matching for account-reconciliation processes. Ripple Treasury's Transaction Assignment Engine is compatible with data sources of any type or volume, and can import from any ERP, banking or financial application. The cloud-based application’s matching engine can process massive data volumes.

Focusing on automating real-time client transactions to its back office system helped Baird reduce the risk of human error, save time, increase volume, and do more without increasing headcount.

To find out more about Ripple Treasury, please visit https://www.treasury.ripple.com or email  Marketing@ripple.com.

About Ripple Treasury

Ripple Treasury is a digital TMS platform that gives organizations cloud access to integrated treasury and risk management solutions.  Its design leverages new technologies to connect treasury’s ecosystem, enabling the seamless flow of data across and beyond the enterprise for new and smarter ways of working.  With Ripple Treasury, organizations can implement any combination of integrated Cash Management, Payments, Financial Instruments, Accounting, Banking, Risk Management, and Hedge Accounting in one SaaS solution.  Ripple Treasury is headquartered in Chicago, with offices in North America, EMEA and APAC.