BoA Merrill scores cash management mandate

SGI appoints Bank of America Merrill Lynch for its cash management needs in Asia.

Bank of America Merrill Lynch (BoA Merrill) has won a mandate from Silicon Graphics International (SGI) to provide the US-based server and data storage solutions provider with a regional cash and treasury management solution in Asia-Pacific. SGI is to implement the bank’s solution, which will cover payments, receivables, payroll and liquidity management, across its eight markets in the region.

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