TWIST Meeting - Accelerate Adoption

NFS contributed to the second TWIST meeting 21 February 2006 in London, UK.

As a leading treasury operations consultancy firm and solution provider, NFS Group has been a vital part in enabling treasury operations excellence to many of the world’s largest corporations. Whenever possible our solutions are standards-based, which historically has been difficult for corporate treasuries compared to banks.

NFS is a sponsor and active member of the emerging TWIST standards, a harmonised initiative to standardise supply chain and corporate treasury automation. This includes Wholesale financial market transaction processing, Commercial payments & collections and working capital finance, and Cash management. The result is that any firm that implements these open standards can now obtain full end-to-end automation of operational processes and complete and timely delivery of information. This means higher degrees of operational control and lower costs, hence higher profitability.