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Software & Systems

Technology Update: TMS Advances Don’t Stem Bank Rationalization

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December 23, 2009

Innovations in treasury management systems that allow companies to manage multiple bank relationships relatively cheaply have not combined with post-crisis funding diversification concerns to stem the tide of bank group rationalization. In fact, many large MNCs are accelerating their efforts to pare their banking groups down to those offering strong relationships with good payments and processing expertise.

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