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Citizens Intros Treasury Intel For Commercial Clients

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Citizens Intros Treasury Intel For Commercial Clients

Citizens Bank has introduced a digital platform designed for its commercial banking clients.

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Citizens Treasury Intelligence includes “multi-bank cash visibility, analytics, forecasting and workflow tools” designed to help customers manage liquidity, the bank said in a Monday (Nov. 9) news release.

“The platform shows where a client’s cash is today and forecasts where it is going, providing a consolidated view of cash across all of a client’s banking relationships,” the release added.

Citizens said a basic version of the platform will be available at no cost to eligible clients of the bank’s accessOPTIMA® information reporting platform, with paid tiers available for customers with deeper treasury needs.

“Treasury teams are managing more information across more banking relationships, and too much of that work happens manually,” said Mike Cummins, Citizens’ executive vice president, and head of treasury and wholesale payments. “Citizens Treasury Intelligence is designed to give clients a seamless view of their cash and help them make better, faster liquidity decisions without adding another standalone platform to manage.”

The release noted that many organizations continue to run their treasury operations with a mix of portals and spreadsheets, bringing friction to decisions that rely on timely information.

Citizens Treasury Intelligence, the bank added, “supports automated aggregation and categorization of data across multiple banks, helping treasury teams analyze cash flow trends, forecast liquidity more efficiently and move faster when business conditions change.”


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