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AurionPro offers treasury solution

Manama, October 8, 2007

AurionPro, a technology product and solutions company, has partnered with Australia-based CCK Financial Solutions to offer Guava, an integrated treasury solution.

This top-end business solution, specifically tailored to benefit the Banking and Finance sector, is being launched at seminars across the region. The seminar programme starts in Riyadh on October 22, and moves to  Kuwait on October 23 and Bahrain on October 24.

“Guava is a highly functional and cost effective product for Treasury departments; achieving straight through processing, lower transaction costs and reducing reconciliation problems between the front and back office,” explained Shaun K Paterson, director, aurionPro Solutions.

“Guava encapsulates 20 years of specialist expertise, all invested in a product with flexibility in design, to easily adapt new customer requirements with minimum cost and time delays,” Paterson continued.

“With its fully integrated coverage of all treasury operations from dealing, through to risk, operations, accounting, and reporting, Guava provides customers with one solution that covers all their treasury requirements, in addition to covering a broad and extensive range of financial instruments in: money markets; fixed income; equities; foreign exchange; derivatives; corporate lending; and Islamic treasury products like Mudharabah Lending & Borrowing, Muddarabah Bond Purchase & Issuance, Islamic Accepted bills, Sukuk Al Ijarah Underwriting Facility Bonds, Islamic Negotiable Instruments of Deposit, Mudharabah Note issuance facility, Wadiah etc..

“Guava fulfils the existing requirements of an institution’s treasury department, whilst simultaneously empowering the institution with the tools for rapid adaptation and conformation to the ever increasing demands of regulatory bodies, accounting bodies, and financial markets. I would strongly recommend financial institutions to attend the launch and understand how Guava can enhance their day-to-day operations,” Paterson said.

Joseph Wong, managing director, CCK Financial Solutions Ltd will discuss Conventional Treasury, Islamic Treasury, and Technology as an enabler at the seminars along with Peterson.

With the banking domain as its primary focus, aurionPro Solutions is a 750 plus member organization headquartered in Mumbai, India with subsidiaries in Bahrain, Singapore, Philippines and the US. aurionPro also maintains its services in IT consultancy, Business Process Outsourcing, and Risk Management Advisory. These services have helped the company to maintain best practices in product implementation, offshore delivery, and technology adoption.
  
The event will also comprise a luncheon, and interested participants are requested to register by email: aurionpro@eventscom.net  or Bahrain telephone +973  17226-775, Fax +973 17226-698. – TradeArabia News Service




Tags: AurionPro | treasury | Guava |

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