citi-and-oracle-team-up-in-japan

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 subsidiaries but they could improve controls over their global operations. We are trying to help these clients to establish these stronger global operations,ö says Hiroyuki Soejima, treasury and trade services head at Citi in Japan....
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