Jefferies Investment Bank Selects TwoFour for Cash Management

TwoFour, a specialist provider of global real-time financial software solutions and a trusted consultancy announced today that Jefferies & Company, Inc. has selected its Cash Management (CM) solution. Jefferies provides investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, futures and commodities in the U.S., Europe and Asia. CM will provide Jefferies with intra-day real-time aggregation of balances and cash flows across their multi-entity, multi-currency environment as well as Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and receipts processing.

TwoFour’s solution is highly configurable and utilizes rules-based workflow management. “A significant factor in the original design of TwoFour was focused on enabling our clients to control how the system works for them,” said Dave Clark, TwoFour’s EMEA Managing Director. “TwoFour’s philosophy is to provide our customers with the best possible levels of support whilst enabling them to choose the amount of control they want of their system.”