ION launches the first treasury management solution powered by machine learning

The cash forecasting solution is available in the latest versions of ION Treasury’s award-winning ITS and Reval products LONDON (PRWEB) February 13, 2020 ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, today announced the launch of the industry’s first-ever cash forecasting solution powered by machine learning. The solution will help organizations of all sizes to validate or replace manual cash forecasting with improved speed and increased accuracy. Rich Grossi, CEO of ION Treasury, said: “Machine learning has the potential to revolutionize the treasury industry by providing vital strategic insights on an organization’s cash management and forecasting. We’re excited to lead the industry in providing machine learning capabilities to increase our customers’ visibility into short- and long-term cash forecasting.” Peter Radtke, Head of Corporate Finance and Treasury at KUKA AG, one of the world’s leading suppliers of intelligent automation solutions, said: “By using historical data, the solution has the potential to create cash forecasts more quickly. Even atypical and seasonal cash movements should be able to be accurately predicted in this way.” Cash forecasting is only one aspect of the machine learning program at ION. Solutions currently in development will… continue reading

Continue reading ION launches the first treasury management solution powered by machine learning. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply