The Role of the Treasury Aggregator: Simplifying Corporate Treasury Complexity

Let’s face it: treasury is complex. The larger and more globally distributed the company’s business needs, the more the complexity grows — and the more challenging it becomes for treasury staff to manage. That’s where a treasury aggregator can help.

What is a Treasury Aggregator?

Strategic Treasurer defines a treasury aggregator as “a solution that provides a single connection point to all of a corporate’s banking connections for both payments and reporting.” These providers may also be known as multibank connectivity providers or third-party bank connectivity providers.

The primary function of a treasury aggregator is to “bridge the gap” between an organization and its banks, providing the infrastructure to deliver effective and efficient cash management. These solutions pull in and consolidate data, and also have payment hub functionality. While some treasury management solutions have these features, or may subcontract with a treasury aggregator to provide more robust connectivity services, most organizations with complex treasury needs would need a treasury aggregator in addition to a TMS.

The Fides Multibanking Suite

Fides is a leader in the global treasury aggregator space. With the Fides Multibanking Suite, you can centralize all bank accounts, make payments and streamline interaction with financial institutions anywhere in the world, at the touch of a button.

• Account Reporting—Normalize and validate all your bank transaction data to get the information you need.
• Payments— Simplify global payment initiation to any of your banks with Fides’ flexible electronic file transfer solution.
• Security—Complete transparency, automation and documentation ensure the ongoing security of your messaging and payments managed by Fides.
• Robust Ecosystem—The Fides Multibanking ecosystem spans the entire treasury world, allowing us to offer a wide range of partner solutions that extend the value of the Fides Multibanking Suite.

The Definitive Analyst Guide

Each year, Strategic Treasurer puts together a guide that compiles information on technologies and suppliers that serve corporate treasury. The 2022 Definitive Guide to Treasury Technology Solutions includes sections on treasury and risk management; treasury aggregation; supply chain finance and cash conversion cycle; and enterprise liquidity management. Our special edition of the guide also includes a full profile of Fides in the Treasury Aggregator section.

Download your complimentary digital copy of the guide to find out more about how treasury aggregators like Fides can help you streamline treasury operations and get the cash visibility you need. You’ll also get an overview of today’s treasury landscape, in-depth analysis of treasury trends, predictions for the future, and practical advice for obtaining buy-in and implementing technology.

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to the principles of Open Banking, making treasury and financial operations as efficient, transparent and secure as possible for all organizations.

Fides provides everything organizations need for efficient cash and liquidity management, all through a single platform — along with connectivity to more than 13,000 financial institutions through an unmatched range of methods and channels. Thousands of companies around the globe rely on Fides’ connectivity capabilities and comprehensive workflow, reporting, conversion, validation and security services, for their own businesses and for extending services to their clients.

Whether you access via the secure Fides Multibanking Suite or take advantage of our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.