Honda Finance Europe chooses Richmond for treasury management operations
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Honda Finance Europe chooses Richmond for treasury management operations

Honda Finance Europe has started live treasury management operations using Richmond's Odyssey system. Honda Finance Europe is using the system to support its pan-European funding operations, which use the issuance of commercial paper and bills of exchange as their primary vehicles. The issuance programs are supported by bank facilities, and the system performs the arbitrage calculations, FX and cash management functions required by the financing operation. The second phase of the project is delivering extended integration and analytical processes, to enhance the core solution.

Gift this article