Banking behemoth Santander has announced a partnership with FinTech Planixs.
In Brief:
Santander will use Planixs’ Realiti software.
Realiti helps improve liquidity management processes – cash management, forecasting and risk mitigation.
Planixs has come on board as a strategic partner for the bank.
What does this mean?
With the new technology Santander will be able to have visibility over its balance and liquidity usage across the organisation. It also means the process is automated so time will be taken away from manual tasks.
