Dublin-based TGold, which offers an online treasury management solution developed by Salmon Software, is to compete at the EuroCloud 2011 awards in Luxembourg.
The TGold solution allows businesses to automate, manage and increase the accuracy of their foreign exchange transactions by making payments in local and foreign currencies, book money market and FX trades, access management reports on currency positions and balances, as well as providing an accurate audit trail of trades and payment instructions.
Founded in 1985, Salmon specialises in foreign exchange and treasury management software for blue-chip international companies including Fexco, Ryanair and Securitas. TGold is its first cloud computing offering.
“We are 20 years in the treasury management business but have invested almost £500,000 in our first cloud-based treasury management solution under the TGold brand,” said John Byrne, CEO, Salmon Software.
EuroCloud is the European organisation for cloud computing and SaaS. The EuroCloud Awards programme aims to promote innovation and the best SaaS products across Europe.