TGold, the online treasury management solution developed by Salmon Software, has won the EuroCloud Ireland Best Start Up Award 2011. The company will go forward to the overall EuroCloud 2011 European Awards.
"We are 20 years in the treasury management business but have invested almost £500,000 in our first cloud based treasury management solution under the TGold brand," commented John Byrne, CEO, Salmon Software. "This award is a fantastic endorsement for the product."
EuroCloud is the European organisation for cloud computing and SaaS. The EuroCloud Awards programme aims to promote innovation and the best SaaS products across Europe.
"On behalf of EuroCloud, we are delighted to be making the award for the 'Best Start-Up' in the Irish cloud computing software space to TGold Treasury Management. They will now go on to compete with all the other award winners at this year’s EuroCloud Congress in Luxembourg, and we wish them the best of luck," commented Noel Shannon, Director, EuroCloud.
TGold allows businesses to automate, manage and increase the accuracy of its foreign exchange transactions by making payments in local and foreign currencies, book money market and FX trades, access management reports on currency positions and balances as well as providing an accurate audit trail of trades and payment instructions.
Founded in 1985, Salmon specialises in foreign exchange and treasury management software for blue chip international companies including Fexco, Ryanair and Securitas. T Gold is its first cloud computing offering.
