Salmon Software, a provider of treasury management system (TMS) software, has signed a contract with the Kelda Group.
Kelda Group’s main subsidiary, Yorkshire Water, provides water and sewerage services to nearly 5 million people and 130,000 businesses.
Following a pre-selection process the Kelda Group reviewed six TMS solutions in depth. “We selected Salmon Software because they had the best package for our requirements combined with a competitive price. In addition, they could point to a track record of successful similar implementations in other firms,” said Christopher Elliff, cash & banking manager, Kelda Group. “This included visibility of short term loans and deposits, long-term debt plus index linked derivatives and other instruments.”.
John Byrne, CEO, Salmon Software (pictured), said: “As Kelda Group found in its detailed review, we provide world class treasury management systems at an affordable price. Kelda is one of an increasing number of large companies discovering the value of dealing with an independent TMS firm which has invested continuously over three decades in a single TMS solution.”
Salmon Treasurer is aimed at corporate treasurers to manage debt and derivatives, cash management, electronic payments, money markets, foreign exchange, treasury, banking transactions and many other related corporate treasury activities. Its clients include Airbus, DP World, Securitas and Fexco.
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