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Mazda Motor Logistics Selects Wallstreet Treasury ASP

GRC Announcements | October 23, 2008

Wall Street Systems, the global provider of treasury, trading, and settlement solutions and services, has announced that Mazda Motor Logistics Europe NV, the European logistics and financial services subsidiary of Mazda Motor Corporation, has selected the company to centralize its treasury processes, improve cash visibility, and develop efficient forecasting capabilities.

“We selected Wallstreet because of its understanding of our needs, the functionality of Wallstreet Treasury ASP, and its ability to show quantifiable and significant value to the business,” said José Jimenez, European Treasury Manager, MLE. “The ASP model means that upgrades are managed and rolled out by Wallstreet, while data hosting is SOX compliant.”

Wallstreet Treasury ASP offers a lower total cost of ownership (typically by 30 percent to 40 percent) with no hardware or software costs and limited IT support requirements, global accessibility, advanced security, and strong disaster recovery...

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