Diamond Trust Bank in treasury management tech revamp with Profile Software
Banking tech and wealthtech provider Profile Software has implemented its treasury management system, Acumen.plus, at Diamond Trust Bank (DTB).
Diamond Trust Bank in treasury tech revamp with Profile Software
The cloud-native platform enables straight-through processing (STP) and supports the bank’s operations in Kenya, Uganda, and Tanzania.
The vendor says it covers all operations that go through treasury from forex (treasury and client operations) to money market, security deals, and client loans and deposits.
“Among the key features is treasury reporting, offering on-demand charts and boards with a single source of truth,” Profile says. “DTB treasurers can access all analyses directly through dashboards, providing a real-time holistic view of the activity, profitability, positions, liquidity and risks with a focus on specific tasks or instruments where needed”.
Nizar Tundai, head of business transformation and general manager at DTB, compliments Profile’s “experienced team”, its reliability, and customer care.
He adds: “DTB has not only benefited from the use of Acumen.plus platform, but also, it has gained valuable insights on project management and best practices in treasury transactions and report management.”
