Fides and Ripple Treasury Announce Global Bank Connectivity Partnership

Copenhagen – 16 October 2019 – Fides Treasury Services Ltd. and Ripple Treasury today announced a strategic partnership to extend innovative treasury management technology and multi-bank connectivity to customers around the globe. The two companies are showcasing their respective offerings this week at the EuroFinance International Treasury Management Conference (visit Fides at stand S11 and Ripple Treasury at stand L08).

Ripple Treasury's digital TMS platform for end-to-end treasury management and risk management connects treasury’s ecosystem, helping teams work easier and smarter from a single source of truth. Now, customers can take advantage of all the benefits of Ripple Treasury's innovative TMS and Fides’ market-leading bank connectivity to connect to financial institutions and payment providers in 170 countries around the world.

“Ripple Treasury can connect corporate treasury organizations to any bank, anywhere in the world, via any file format,” said GTreasury Global Head of Corporate Development Terry Beadle. “It makes sense, then, that we would partner with Fides, the largest multi-banking network in our industry, to extend our service to corporates doing business in the most far flung regions of the world.”

“Simplifying multi-bank connectivity for clients is our highest priority,” said Simon Kaufmann, Head, Client Relations and Marketing at Fides. “Our partnership with Ripple Treasury will allow us to offer customers greater flexibility and choice for treasury management technology with proven bank connectivity.”

In the past year, Fides has been actively expanding its global partner ecosystem to deliver a wide range of innovative solutions to its customers, and continues to steadily add new joint customers with its TMS and ERP partners. To learn more about Fides, visit www.fides.ch or contact marketing@fides.ch.

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

About Fides

Fides is the global leader in multi-bank connectivity and transaction communications.

With the industry’s largest bank connectivity network, Fides helps over 3,000 active clients communicate with more than 10,000 banks globally.  Our geographic reach spans 170 countries across the Americas, EMEA, and APAC regions.

Committed to helping corporations optimally connect and interact with their banks for over a century, Fides’ solutions deliver critical multi-bank account statement, payment workflow and reporting capabilities that allow treasury and finance teams to easily, accurately and securely communicate with their banks through any possible channel such as SWIFT, EBICS, SFTP, APIs or any alternative network.

Press Contact: Please email marketing@fides.ch for all press inquiries

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.

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