Trident CMS releases new version

Trident CMS, the leading cash management and pooling software solution for the financial industry, has released a new version of its software delivering a number of improved features which translate into opportunities to generate new revenues.

Through the new release, Trident CMS has broadened the scope of the type funds that can be pooled and the sectors that can benefit from pooling.

Trident Version 2 now offers multiple pools and multiple virtual accounts and this additional functionality has created pooling opportunities for jurisdictional pools and pooling for corporate structures. In addition Trident's new release can deliver substantial revenue savings through improved efficiency and automation.

“The new release includes clever logic that can automate several administrative tasks when dealing with pooling, including transaction classification and consolidation. Its ability to automate and at the same time ensure that users are alerted when they need to be, has allowed our clients to shift their focus from administration to improving relationships with their clients and banks, with the scope of improving the efficiency on how they manage client's cash assets”, says Joseph Sultana, Managing Director of Trident CMS.

“Trident CMS has made substantial gains in the markets within in which we operate. Our relationships with clients and industry experts has allowed us to look forward and develop our new version of Trident which undoubtedly delivers advantages in terms of both efficiency and opportunity”, added Mr Sultana.

Jeremiah O'Keeffe, Managing Director at JCAP Treasury Services and the Trident CMS partner in the Channel Islands also commented on the new release, “This new solution has allowed JCAP to deliver greater value, not only to Trust Companies, but also to asset managers and fund administrators. We are very excited with what the new release is offering and as it will enable JCAP to take cash pooling in the Channel Islands to new heights.”

For further information on Trident CMS's new release, please contact Jeremiah O'Keeffe, Managing Director of JCAP on 01534 756400 or by email at jeremiah.okeeffe@jcap.co.uk; or visit www.tridentcms.com