Sunday, December 22, 2024

Diamond Trust Bank in treasury management tech revamp with Profile Software

Diamond Trust Bank (DTB) has implemented Profile Software’s treasury management system, Acumen.plus, in a revamp of its treasury technology. The cloud-native platform enables straight-through processing (STP) and supports DTB’s operations in Kenya, Uganda, and Tanzania.

Facts

  • Diamond Trust Bank (DTB) has implemented Profile Software’s treasury management system, Acumen.plus, in a revamp of its treasury technology.
  • The cloud-native platform enables straight-through processing (STP) and supports the bank’s operations in Kenya, Uganda, and Tanzania.
  • Acumen.plus covers all operations that go through treasury, including forex (treasury and client operations), money market, security deals, and client loans and deposits.
  • One of the key features of Acumen.plus is treasury reporting, providing on-demand charts and boards with a single source of truth.
  • DTB treasurers can access all analyses directly through dashboards, offering a real-time holistic view of activity, profitability, positions, liquidity, and risks.
  • Nizar Tundai, head of business transformation and general manager at DTB, praises Profile Software’s experienced team, reliability, and customer care.
  • DTB has gained valuable insights on project management and best practices in treasury transactions and report management through the use of the Acumen.plus platform.

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