Maximizing treasury technology for greater efficiency
UK Housing Association Implements FIS Treasury and Risk Manager – Integrity EditionAt a glance
Objective
Modernize treasury technology by upgrading from the private cloud to the SaaS version of FIS® Treasury and Risk Manager – Integrity Edition.
Results
Fully automated upgrade processes and simplified system maintenance.
Impact
A2Dominion can stay on the latest version of Treasury and Risk Manager – Integrity Edition without the cost of implementation or testing and benefits from:
- New functionality as it’s released
- Intuitive functionality
- Robust security
- Responsive service
Taking a step back to move forward
As one of the United Kingdom’s leading housing associations and member of the G15, A2Dominion builds and manages over 38,000 homes across London and southern England, including affordable, private and social rent homes; student, key worker and temporary accommodation; as well as supported housing and homes for older people.
Its treasury team had been a long-time user of the private cloud version of FIS Treasury and Risk Manager – Integrity Edition. With the launch of the latest SaaS version, the team decided to reassess both the treasury technology marketplace as a whole and their own requirements for modernized treasury technology.
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How did the team make this decision and achieve its goals?
Choosing a vendor
After reassessing the treasury technology environment and market offerings, A2Dominion chose to stay with its trusted partner, FIS. As such, the team created a business case to modernize the firm’s treasury technology by upgrading from the private cloud to the SaaS version of Treasury and Risk Manager – Integrity Edition.
Demonstrating value
The FIS team demonstrated system value to both A2Dominion’s treasury and senior management. New Treasury and Risk Manager – Integrity Edition capabilities boosted confidence in the solution and reassured A2Dominion management it would receive a comprehensive solution for a lower total cost of ownership.
"With FIS, we can effectively manage the group’s key treasury activities with a robust level of control and risk management that’s appropriate for an organization of our size and funding needs.”
"FIS made it easy to implement and successfully maintain the solution during our daily treasury operations.”
Delivering efficiently
A2Dominion relied on FIS’ technical expertise and its partner Covarius Consulting’s Treasury and Risk Manager – Integrity Edition and housing sector experience to deliver the project on time.
Training the team
The project team helped A2Dominion’s treasury team understand all the latest Treasury and Risk Manager – Integrity Edition functionalities while ensuring the team was fully trained.
Delivering on time and on budget
The A2Dominion implementation team and project management resources were key to ensuring both a highly structured project and a project that was delivered on schedule and on budget. At the same time, A2Dominion’s treasury team demonstrated a high level of commitment to the project alongside their day-to-day responsibilities.
Advancing faster as a modernized treasury
The SaaS model fully automates future upgrade processes, allowing A2Dominion to stay on the latest version of Treasury and Risk Manager – Integrity Edition without the cost of implementation or testing. Further, the treasury team benefits from new functionality as soon as it’s released. System maintenance is simpler, too, because FIS manages and maintains the environment. And there’s no need for A2Dominion’s treasury or IT teams to get involved in reimplementation or technical support.