ENTREPRISES & STRATÉGIES — Technologies

The B2 Group announces enhanced secure cloud-based services



Phil Boland, CEO, The B2 Group (Photo: Maison moderne / archives)

Phil Boland, CEO, The B2 Group (Photo: Maison moderne / archives)

The B2 Group, provider of cloud-based payments, investment funds and FX automation software and consultancy solutions for transaction banks, insurers, third-party administrators, fund companies and corporates across the globe, announced today that it is partnering with EBRC to host its award-winning Multi-Bank Integratortm platform.

Multi-Bank is B2’s automated banking platform for corporate cash and treasury management integration, especially those with multinational banking relationships and subsidiaries. Seamless integration with the corporate’s TMS or ERP systems effectively links those systems automatically with the core systems of the banks, leading to substantial cost and efficiency savings as well as real-time cash visibility and control of outgoing payments. However, market trends towards increased levels of automation mean increased security and resilience requirements, especially with cloud-based services such as Multi-Bank. EBRC is a trusted provider of hosting services to the financial sector, with state-of-the-art Tier IV certified data centres, guaranteeing the highest levels of availability, performance and security.

“We have been delighted with the success of Multi-Bank since its launch at the start of the year,” comments Phil Boland, CEO, The B2 Group, “and with our growing client base of corporate treasury departments utilising the platform more and more for high value payments and mission critical cash reporting. The combination of our in-platform security features and EBRC’s expertise offers our clients very high levels of assurance regarding the resilience of the Multi-Bank cloud and with today’s cyber threats, security is more important than ever, providing even further assurance to Multi-Bank subscribers.”

“We are very proud to count the B2 Group amongst our partners,” adds Yves Reding, CEO, EBRC. “EBRC prides itself in offering institutions in highly sensitive sectors such as finance the very best in data center hosting, meaning that our cloud-based infrastructure gives B2 clients a secure, scalable and robust foundation for their mission critical applications, especially transaction and report processing. We look forward to continuing working with B2 to help provide their clients the service and assurance they require in today’s evolving payments world.”

B2 has also announced that the EBRC cloud-based infrastructure will be available to its insurance and asset management clients, and B2 will be exhibiting the full range of its services at the forthcoming Eurofinance conference in Vienna between October 12 and 14, 2016.