MUNICH & FRANKFURT–(BUSINESS WIRE)–February 15, 2022–
Trinity Management Systems GmbH (Trinidad) and Digital Vault Services GmbH (DVS) announce a partnership.
- Trinity and DVS connect Trinity Treasury Management System (TMS) to Guarantee Vault, the central registry for digital guarantees and sureties
- Trinity customers will be able to request and manage their guarantees digitally directly from their TMS via Guarantee Vault
- Trinity extends the circle of guarantors to other international banks and insurance companies
Trinity and DVS announce their partnership
Trinity Management Systems GmbH (Trinity) and Digital Vault Services GmbH (DVS) announce the launch of their collaboration in the development of an API interface between the Trinity Treasury Management System (TMS) and Guarantee Vault.
Using API technology, Trinity customers will be able to fully digitize their communication with guarantors while continuing to use their familiar system environment. In addition to liability management via the EBICS channel, insurance companies and banks will be addressed via a secure digital process in the future. The goal of this collaboration is to map the complete application lifecycle in Trinity TMS, through to issuance and modification as well as release or warranty claim.
“Our goal is to enable all parties involved in the guarantee business to access Guarantee Vault as easily as possible. In addition to our own management tool, the APIs are an essential element in achieving this goal. We are so very happy to have Trinity, another well-known treasury management provider for our offering. The future Trinity TMS API will bring real added value to many Trinity customers. Its development is also an important sign of our commitment to offer a solution accessible to everyone in the warranty business,” says Felix Scholle, Sales Manager at DVS.
Christoph Budde, Sales Director at Trinity, adds: “With the upcoming connection possibilities to the Collateral Vault, the range of digital collateral directly from our TMS will be greatly expanded. Insurance companies and other banks will have the possibility of being addressed via a single channel whereas this was previously only possible with EBICS-compatible credit institutions This collaboration will be practical for our multinational customers, especially since the storage and reporting are audits by DVS are included.The multilateral process will initially be launched for Trinity customers as claimants and will be successively expanded.With this new development, we are once again emphasizing technical innovation and continuous development of our TMS for the benefit of our customers.
TRINITY Management Systems GmbH has been developing innovative software solutions for more than 25 years. The private company focuses on financial management software for treasury departments of companies with global operations. A higher degree of transparency, automation, system availability, secure processing and recognized auditing standards are the main added values for our customers. The Trinity online cash management system provides access to all the data needed for reliable day-to-day cash management and financial planning. Trinity is available in different languages and can be configured GDPR compliant in a German private cloud environment or on-premises on your own servers.
Modules for the administration of FX and IR transactions, loans, guarantees, letters of credit, etc. can be composed according to the needs of each client. With many standardized connections to your systems and banks, Trinity will adapt to your specific environment. Trinity primarily serves globally active companies based in Europe and continues to grow. We attach great importance to personal contact with our customers.
Digital Vault Services GmbH is a SaaS company based in Munich. With Guarantee Vault, DVS offers a complete digitalization product for guarantee management. Guarantee Vault is the central registry for issuing, managing and storing digital guarantees. It offers transparent, safe and cost-effective services to applicants, beneficiaries as well as banks and credit insurers throughout the life cycle in domestic and international business with surety bonds, bonds and guarantees.
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CONTACT: Marina Simmerl
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KEYWORD: GERMANY EUROPE
INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY INSURANCE SOFTWARE FINANCE NETWORKS BANK
SOURCE: Digital Vault Services
Copyright BusinessWire 2022.
PUBLISHED: 2/15/2022 2:14 PM/DISC: 2/15/2022 2:14 PM
Copyright BusinessWire 2022.