New CEO Announced
Salmon Software, a leading treasury management software system provider, is pleased to announce the appointment of Michael Kearney as Chief Executive Officer (CEO). Michael will take up the position at the end of March 2023 and will succeed John Byrne, the founder of Salmon Software. John Byrne will support Michael during an initial transition period and continue his long relationship with the company as a non-executive director with a significant minority shareholding.
MAJOR SYSTEM UPDATE
SALMON TREASURER VERSION 5 RELEASED
Our New Version of Salmon Treasurer incorporates a host of innovative features and rich functionality as well as a series of new modules including our elegant Market Risk Free Rates Module facilitating every aspect of migrating from LIBOR to SONIA, SOFR and SARON.
We achieved this with a significant knowledge contribution from our clients and we thank them most sincerely for that contribution.
STRATEGIC ALLIANCE PARTNER
SALMON SOFTWARE ANNOUNCES A NEW STRATEGIC ALLIANCE PARTNER IN THE MIDDLE EAST – SAIBER INNOVATION TECHNOLOGIES
Effective May 2020, Salmon Software is pleased to announce its association with Dubai-based Saiber Innovation Technologies, Dubai – United Arab Emirates, thus adding one more point of international presence in the expanding markets of the Middle East & Gulf countries.
You can read the whole article HERE.
ANNUAL SALMON EVENT
THE PRESENTATION OF OUR STATE OF THE ART – SALMON TREASURER 4.5
Salmon Software would like to thank everyone for participating.
It was a pleasure to meet our valued clients again and to demonstrate how their input into the system through our close collaboration with them, helps us at Salmon to maintain our position as a World Leader in Treasury Management Systems.
This collaboration is best illustrated through the presentations our guest speakers, Ruth McCarthy (CEO of FEXCO Corporate Payments) and Shaun Kennedy (Group Treasurer Associated British Ports) gave. Ruth spoke about Open Banking and PSD2 while Shaun spoke about the demise of LIBOR and the advent of its replacement, SONIA. We would like to express our gratitude them both for delivering their engaging and thought-provoking presentations.
Also, we would like to thank The Convention Centre team for their cooperation and help in preparing the venue and ensuring our event was a resounding success
We look forward to seeing you all again!
Photo gallery of the event: https://photos.app.goo.gl/4wKi4oEiZnNHzVwV7
REFERENCE RATES
LIBOR SONIA TRANSITION “DOESN’T NEED TO BE PAINFUL”
Given how deeply entrenched Libor has become both in organisations’ daily and longer-term risk and treasury planning, the recalibration has caused something of a stir among market participants. However, for those with TMS in their backend, the transition should be straightforward.
A new article on the transition from the London Interbank Offered Rate (LIBOR) to the Sterling Overnight Interbank Average Rate (SONIA) can be viewed HERE.
TMS IMPLEMENTATION
SECRETS OF IMPLEMENTING A SUCCESSFUL TREASURY MANAGEMENT SYSTEM
In the course of implementing TMS’s in multinational billion dollar corporations over three decades, Salmon Software has developed a number of principles, sometimes radical, to ensure successful deployment.
A new article on implementing a treasury management system from Salmon Software’s Peter Shea can be viewed HERE.
CASH MANAGEMENT
HOW TO MANAGE CASH PROPERLY
Cash Management is a term used in everyday parlance by Corporate Treasurers, CFOs and other senior financial people in most medium to larger organisations. Generally speaking they all use the term in the same context and many accompany it with the term Cash Forecasting.
A new article on implementing a treasury management system from Salmon Software’s Peter Shea can be viewed HERE.