Who are we?
Coprocess is the provider of a full function intercompany netting system, a standalone company owned by GTreasury, with 175 clients and 30 years’ experience, entirely focused on intercompany netting.
The Coprocess team consists of 11 professionals, multilingual, many with specialist qualifications and backgrounds in Technology, Treasury and Banking.
Coprocess' high NPS scores help to explain why many clients have been with us for more than 10 years.
White label system
Coprocess provides a white label version of our software so that banks, FX risk management firms and payment service providers, for example, can provide an intercompany netting system to its clients.
SaaS based software
The system is a multi-tenant SaaS based system. Standard software components that can hosted directly by our partner, 3rd party hosting service or Coprocess.
The system has a number of parameter driven options to allow the system to integrate with other products you may offer, including changes to fonts, colours, logos, login screen and more, plus integration via Single Sign-On (SSO) and use of API’s.
Why Offer Your Clients Intercompany Netting Software?
For Banks
Coprocess has a bank ready corporate multilateral netting solution. Having white-labelled our multilateral netting system to two global banks we have successfully passed all the security, architecture and implementation requirements that a global bank imposes on any vendor.
Key benefits for a bank to offer the Coprocess multilateral netting solution are:
- Brings payments into the bank and the cash pool
- Creates new FX business by centralising FX done in-country today
- Raises the profile of the bank
- Widens and deepens the client relationship by bringing significant Cash Management and FX Risk Manageemnt benfits for your client
- Enables the bank to bid more effectively on RFPs involving netting and compete better with rivals offering both netting and cash pooling
- Enables the bank to attract new business for both new and existing clients
For other Firms in the Finance and Insurance Sector
- Help your corporate clients achieve significant FX Risk and Cash Management benefits
- Centralises group FX volume to your clients' Treasury
- Streamline your clients' intercompany settlements
- Widens and deepens the client relationship
For Technology providers in the Financial space
Coprocess' success is based on a critical mass of customers and the ability to quickly change system behaviour using parameters instead of code change. The functionality in the system is based on many years of incorporating client feedback. It is not an easy thing to recreate! If you are thinking of writing your own netting system, please bear in mind it is a big investment and a small niche market. Coprocess will work with you to provide the benefits of multilateral netting at a much better ROI than building your own. Let us do the heavy lifting!
Pricing
A low yearly licence fee, plus a per client fee, plus a one-off implementation fee to get started. This Pay As You Go model allows for limited financial commitment.
Banks and partners licence the system from Coprocess but offer its own licences and commercial terms to its clients.
Initial start-up and ongoing service
Coprocess offers a flexible service to partners. This includes all the training needed to allow your Sales, Support and Marketing teams to be successful. Coprocess acts as second line support. There is flexibility though, for example, Coprocess staff could always act as subject matter experts should you wish us to be involved in sales.
If your organisation does not want to run the system as a service, then we are delighted to introduce outsource partners. They currently run netting using Coprocess software and can manage the operational aspects and customer service.
Interested? Contact Sales for more information.
