TwoFour currently supports ABN AMRO Clearing's ("AAC") European business, and has now expanded the relationship to the new region where it will support all cash management activities for Hong Kong, Korea, Taiwan, Japan, Singapore, Malaysia, Australia and India.

Nearly four years ago, TwoFour CM was selected by AAC in Europe because of its streamlined, efficient and scalable means for managing cash in real-time and its ability to consolidate cash from disparate systems. TwoFour CM allows AAC to better manage its intraday cash flow and funding needs by monitoring cash activity on a real-time basis and allowing for a normalized view of cash activity from all internal businesses, including all transaction processing systems. AAC's APAC-based business will be using the same functions as its European counterparts. For both, TwoFour enhanced its core application to include automated sweeping functions for moving balances between Nostro accounts and automated reconciliation of bank account balances via SWIFT. APAC will also be doing deal capture in TwoFour for FX and MM deals. The solution will be setup as a separate entity structure for EOD processing, with FX deals converting to client currency accounts so AAC can trade on the local exchanges.

"We are delighted to be selected again by AAC as a long-term technology partner to support the growth of the business in the increasingly competitive Asia Pacific financial markets", said Chris Davis, co-founder and global head of sales at TwoFour. "It's exciting for us to expand our presence into the region with a client of AAC's sophistication. We value our business relationships and are dedicated to providing the most effective solutions to meet our clients' needs. We look forward to a continued successful partnership with AAC. "

Proven to handle 4,000 cash flows per second, TwoFour CM helps efficiently manage growing volumes of cash activity while providing real-time intraday liquidity management acroscross highly complex and sophisticated businesses.