“Our new multi-currency platform revolutionizes the way our clients manage funds, enabling efficient handling of multiple currencies through virtual accounts.”
Montran has launched a new multi-currency virtual account management platform for Intesa Sanpaolo, a leading banking institution in Italy with global financial services.
The platform is a significant advancement in the bank’s ability to manage multi-currency cash and liquidity for its clients, offering enhanced efficiency and flexibility.
Managing multi-currency cash and liquidity
Giancarlo Esposito, Head of Payments, Cash Management and Open Banking at Intesa Sanpaolo, said: “Our new multi-currency platform revolutionizes the way our clients manage funds, enabling efficient handling of multiple currencies through virtual accounts. This significantly enhances international trade by streamlining liquidity and improving cash flow.”
Sergio Dalla Riva, Head of Product Development Transaction Banking at Intesa Sanpaolo, remarked, “In today’s rapidly evolving digital and volatile market, Montran’s technology provides the crucial real-time financial insights our clients need to stay ahead.”
Raegan Esca, General Manager of Montran Europe, said: “Deployed within a few months for rapid market introduction, Montran’s multi-currency and real-time Virtual Account Management solution enriches both Intesa Sanpaolo and its clients with advanced cash and liquidity management tools. Integrating seamlessly with the bank’s existing infrastructure, our solution elevates financial operations through enhanced account segregation, POBO, COBO, automated reconciliation, and improved liquidity visibility. Together, Montran and Intesa Sanpaolo are poised to transform liquidity for clients everywhere. We are committed to a long and fruitful collaboration with a strategic partner in Intesa Sanpaolo.”