• When the ABB group divested its Power Grids division to Hitachi Group in 2020, the resulting joint venture, Hitachi ABB Power Grids (HAPG), was looking to create a new central treasury entity. Part of the agenda was implementing a new, agile treasury management solution, including trading, netting and settlement workflows – all while using software-as-a-service tools.
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• As a world leader in specialist fields, including dredging and offshore energy market solutions, DEME was facing multiple challenges, from manual payment processes to limited visibility over cash. Their solution – to adopt new treasury management and payment hub solutions.
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