BofA launches global treasury directory.Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Global Treasury Services Treasury services is a function of an investment bank which provides transaction, investment and information services for chief financial officers, treasurers. Treasury services concentrates and invests client money, and provides trade finance and logistics solutions as well as (GTS GTS abbr. gas turbine ship ) announced it has launched Global Treasury Director (GTD GTD Getting Things Done GTD Guaranteed GTD Gestational Trophoblastic Disease GTD Geometrical Theory of Diffraction GTD Generic Transparency Descriptor GTD Game Time Decision GTD Gonadotropin Deficiency GTD Global Tone Detection ), a new Web-enabled cash management solution that gives companies a comprehensive view of cash flow positions, resulting in enhanced control, improved liquidity management and effective concentration and investment of cash. "GTD will now provide our corporate clients with the type of cash flow visibility and forecasting solution traditionally available only with the purchase and installation of client server-managed treasury systems," said Tom Delany De·lan·y , Martin Robinson 1812-1885. American physician and social reformer who founded and edited the North Star (1847-1849) with Frederick Douglass. , senior vice president and concentration product manager, Bank of America. "The rollout of Global Treasury Director further enhances a comprehensive set of concentration and liquidity management solutions that we already offer." GTD leverages existing Bank of America systems to integrate payment and receipts information and builds on the information using analysis and forecasting tools. |
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