Coprocess is proud to be part of a solution, for Pall Corp, partnering with Bank of America Merrill Lynch and Centralis, winning 'Highly Commended' in the Best Foreign Exchange Solution category of the Adam Smith Awards.
Pall Corp has a large volume of intercompany transactions, 80,000 per month and many currencies to manage. Working with Bank of America Merrill Lynch and Centralis, an experienced treasury services outsource provider and the Coprocess Netting platform, Pall found a much better solution for its netting requirements.
For a description of the problems Pall Corp was trying to overcome, the solution and the benfits that brought, please see the Treasury Today website for the Adam Smith Awards Best Foreign Exchange Solution.
To learn more about Centralis please take a look at their website. Centralis is a Coprocess partner. We work with Centralis as an outsource partner for Coprocess clients and Coprocess provides the system and expertise for Centralis clients using Coprocess.
Bank of America Merrill Lynch, needs little introduction but do please explore their netting solution and other CashMangement and FX tools here
