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Salmon Software selects Necto to power cash management APIs

Salmon Software (“Salmon”), a leading provider of treasury management solutions, and Necto API (“Necto”), a global fintech company transforming corporate finance and treasury departments by aggregating cash management APIs, have joined forces to easily and rapidly connect corporate treasuries to full-service bank API offerings.

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Customers of Salmon’s world-class treasury management solution will have the opportunity to access Necto’s multi-bank API aggregation, providing a single endpoint for real-time bank connectivity, bank account balances and intraday payments — regardless of data formats.

This streamlined approach will enable corporates to significantly enhance their banking connectivity and slash complexity in their integration projects, thanks to Necto’s plug-and-play capabilities.

Salmon Software has 39 years of experience delivering state-of-the-art treasury management systems that address the complexities of global finance.

The collaboration with Necto will support Salmon’s expansion in the UK, Europe and the Middle East. It will further enhance its offering to corporate clients seeking to enter new markets, or streamline cross-border treasury operations, by offering real-time, aggregated banking data from across the globe.

Tom Leitch, CEO of Salmon Software, said, "Salmon Software is focused on bringing corporate treasuries the tool kit they need to drive real-time treasury management decision-making. Necto’s ability to aggregate banking data from multiple sources complements our treasury management solutions perfectly. It brings an integrated solution to our clients that enables them to operate across jurisdictions, seamlessly.”

"We are delighted to collaborate with Salmon Software, a recognised leader in treasury management," said Toby Michelmore, Head of Sales at Necto. "This partnership aligns with our mission to streamline the corporate finance landscape and provide our clients with innovative solutions that meet the evolving needs of treasury departments worldwide."

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