21st November 2017
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Bayerische Hypo und Vereinsbank
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News Release - 8 December 2008

Major Australian Bank Extends Global Confirmation Control

One of the largest banks in Australia, has selected the latest version of PROactive™ to manage all treasury confirmations in a single portal for deployment across its global operations.

PROactive™ now includes coverage for all OTC derivative confirmations and with its inclusive web-based access will allow corporate customers and branches to access a single banking portal for the first time in order to view, confirm or query trades online as well as print off historical reports of trading activity. This will deliver a massive reduction in fax and paper volumes and also significantly improve service levels.