Fides Customer Autoneum Named Highly Commended Adam Smith Award Winner

Autoneum honored for highly innovative treasury solution in the “Harnessing the Power of Technology” category

Zurich, Switzerland – May, 23, 2024 – Fides Treasury Services Ltd., the global leader in multibank connectivity, payments and communications, announced today that its customer Autoneum has received the Highly Commended designation in the 2024 Adam Smith Awards from Treasury Today.

Autoneum received the honor in the “Harnessing the Power of Technology” category for its multi-year, technology-forward treasury transformation project led by Head Treasury Operations Janko Hahn. In a highly competitive industry, Autoneum’s treasury started from zero: an outdated treasury management system, completely unharmonized banking landscape, fragmented payment processes, and a very small treasury team to manage it all. But that team had a long-term vision and a goal — to form a state-of-the-art treasury landscape. Through dedication and innovative use of technology, Hahn led the company’s treasury team to success.

“We are thrilled that Autoneum has received this recognition from Treasury Today,” said Nino Pavesi, Fides’ Head of Strategic Partnerships, who has been the primary client relationship manager for Autoneum over the past few years. “It is a testament to all the efforts that Janko and his team have put into innovation and business best practices over the past decade, implementing cutting-edge technology to achieve their business goals and create a compelling treasury transformation story.”

The Adam Smith Awards is a highly competitive corporate treasury awards program. Treasury Today reports that this year, more than 389 nominations were received from 34 countries, representing the very best and brightest treasury talent spanning a wide range of company sizes, geographical locations and industry sectors.

The Adam Smith Awards Celebration Dinner 2024, where all award winners will be honored, will be held on Wednesday, June 26 at the St. Pancras Renaissance Hotel in London.

“We are thrilled to have won this award,” said Janko Hahn, Head Treasury Operations at Autoneum AG. “As this success story shows, any size of company — even those with the smallest of treasury teams — can benefit from modern technologies, innovations, and staying on top of market trends to improve processes, save costs, and boost efficiencies.”

To learn how Autoneum used Fides to standardize processes and payment file/bank statements formats for better security and centralized visibility, read our Autoneum case study. For more information on how Fides clients have achieved their goals and realized success, visit our Success Stories web page. The page features customer logos and case studies designed to help corporate treasurers learn how their peers are using multibanking solutions, the challenges they have faced, and how they overcame those challenges to achieve success.

“We are thrilled to have won this award. As this success story shows, any size of company — even those with the smallest of treasury teams — can benefit from modern technologies, innovations, and staying on top of market trends to improve processes, save costs, and boost efficiencies.”
Janko Hahn Head Treasury Operations at Autoneum AG

About Fides

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to making financial operations as efficient, transparent and secure as possible for all organizations. More than 4,000 clients rely on Fides for efficient cash and liquidity management, through connectivity to more than 13,000 banks and comprehensive workflow, reporting, conversion, validation and security services. Whether you access via the secure Fides ONEHub or leverage our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.

Press Contact: Please email bWFya2V0aW5nQGZpZGVzLmNo for all press inquiries.

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