Chicago – October 15, 2019 – Corporate treasury professionals attending the Association for Financial Professional’s annual conference in Boston this year will see the treasury team at Baird honored as a Pinnacle Award Finalist at the opening keynote ceremony on Sunday, October 20, during which the AFP will also announce the award’s grand prize winner. Baird, which won several corporate treasury awards this year, collaborated with GTreasury on an innovative, API-enabled transaction assignment and posting project for automated reconciliation matching.
According to the AFP, “Baird’s submission focused on intelligent automation. To overcome the labor-intensive process of the settlement cycle for $208B in client accounts, Baird combined a multitenant software-as-a-service (SaaS) treasury management system (TMS), application programming interface (API) technology and the principles of robotic process automation (RPA). APIs were key as they allowed the TMS to speak with the front and back office systems to validate the record. In addition, Baird now has an API web server that is being used for applications across the company to support the business.”
Baird is one of only three finalists chosen to participate in the prestigious grand prize award, established in 1997 by the AFP to recognize excellence in treasury and finance. In a recent news release, AFP reported that “Finalists were selected by a jury of treasury and finance professional peers. Decisions were based on innovative solutions that progress the efficiency and effectiveness of their organization’s treasury and financial operations.”
Celebrating its 100th anniversary in 2019, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has approximately 4,500 associates serving the needs of individual, corporate, institutional and municipal clients.
The opening ceremony of the 2019 AFP Annual Conference honoring finalists will be held from 4:30 pm to 6:00 pm ET, October 20, at The Boston Convention & Exhibition Center, located at 415 Summer Street, Boston.
GTreasury is a digital TMS platform that gives organizations cloud access to an end-to-end workflow for treasury and risk management. Its design leverages new technologies to connect treasury’s ecosystem, enabling the seamless flow of data across and beyond the enterprise for new and smarter ways of working. With GTreasury, organizations can implement any combination of integrated Cash Management, Payments, Financial Instruments, Accounting, Banking, Risk Management, and Hedge Accounting in one SaaS solution. GTreasury is headquartered in Chicago, with offices in North America, EMEA and APAC. To find out more about GTreasury, please visit www.GTreasury.com or email Marketing@GTreasury.com.