Citi and Oracle team up in Japan

The new cash management partnership will offer Japanese clients an end-to-end solution and help them to conform to new J-Sox compliance requirements.

Citibank and Oracle in Japan have announced a tie-up to provide global cash management solutions to Japanese corporate clients.

There is growing demand among Japanese companies to have a robust cash management structure that covers their global operations so that they might conform to new J-SOX compliance requirements, says Citi.

Clients will have enhanced visibility of global cash positions, stronger risk management and security, and more efficient cash utilisation.

Many Japanese blue-chip companies have established good control over local company...

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