Accenture will work with Fundtech to deliver its Global Liquidity & Risk Management solution and jointly develop new diagnostic tools, process models, and operational approaches for banks across Europe, North America, and Asia.

"New regulations, market pressures, and competitive challenges make liquidity management a crucial area of focus for banks," says Massimo Proverbio, global managing director, Accenture Payments Services. "Banks need to have an exact view of their cash positions at all times, be able to forecast cash requirements quickly, and deal with numerous accounts in multiple countries."

Accenture and Fundtech have helped implement liquidity management solutions for major banks globally. Together, the two companies will offer services and solutions designed to optimize operational control, visibility, and forecasting in their global intra-day liquidity management.

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