Press Release: GTreasury announces SWIFT Alliance Lite2 partnership

Lake Zurich, ILGTreasury is pleased to announce it is the first company in North America to be selected by SWIFT as an Application Service Provider (ASP). As a SWIFT ASP, GTreasury will be able to offer an integration of SWIFT’s cloud-based solution for connectivity and messaging, Alliance Lite2, with GTreasury’s application suite.

As a secure cloud based service, Alliance Lite2 is the simplest way for an organization to connect directly to the SWIFT network and has quickly become the solution of choice for mid-tier corporate treasuries.  Alliance Lite2 supports all SWIFT message formats, standards (FIN) and file types (FileAct), as well as automated and manual exchange of messages and files.

Through this relationship, organizations will be able to rely on GTreasury for their SWIFT connectivity, and the accompanying functionality associated with translating and transmitting their SWIFT data; including:

  • Receiving, processing, and analyzing bank statements for both prior day and current day
  • Receiving  and storing bank based eStatements for reporting and auditing
  • Initiating funds transfers and other payment activities through SWIFT membered financial institutions
  • Global payment verification including bank lookups, OFAC checking and other anti-money laundering techniques
  • Sending and receiving eBAM messages

With both systems being cloud-based, customers will not need to install or maintain any extensive software or hardware at their site. Since GTreasury is not a service bureau, but a dedicated treasury solution, users will be able to eliminate IT needs and access their information hassle free. Orazio Pater, COO of GTreasury, stated “clients will be able to get to the root of their information and not have to worry about the technology providers. They will be able to rely on a single source for data transmission, storage, and translation services. ”

As the first organization to offer this service in North America, GTreasury is pioneering the coupling of SWIFT connectivity and standards, with treasury functionality. Matteo Monaco, Head of Corporate Sales, North America, SWIFT stated, “SWIFT is delighted to include GTreasury as part of our ASP program, which makes it even easier for corporate treasuries to efficiently process their payments, gain visibility on their cash positions and have easier access to their multi-bank  relationships.”

 GTreasury has long been able to offer SWIFT based treasury solutions to the North American corporate treasury space, but for years the financial and technical restraints on the corporate space were too significant a barrier for most common treasuries.  With this integration GTreasury will be able to offer simplified solutions for the common treasury department.

About GTreasury

Originated in 1986, GTreasury has grown into the global leader of treasury management solutions for organizations spanning the globe. GTreasury’s solution focuses on illuminating a treasury’s liquidity by centralizing all incoming and outgoing banking activities along with tracking all financial instrument activities thereby granting GTreasury practitioners real-time insight and access into their global liquidity. Our modular platform and infrastructure allow any size treasury operation the ability to customize a solution that is best suited to their needs. For more information please contact or visit

Media Contact:

Ashley Pater


About Ashley Pater

Ashley PaterAshley Pater currently oversees marketing and account management activities for both potential and current clients. With over 7 years of experience, Ashley’s primary focus is increasing GTreasury’s brand awareness throughout the market place to preserve our position as liquidity masters. Ashley holds a degree in Bachelor of Science in Marketing from University of North Carolina at Charlotte.