California-based treasury technology firm Trovata has signed a global distribution agreement with Santander. Under the deal, Santander will offer Trovata’s cash management platform to its corporate clients.
The agreement comes weeks after Trovata announced it was expanding into Europe with new offices in London and Amsterdam.
Eva Bueno, managing director & global head of cash management for Banco Santander, said the bank was, “Thrilled to bring to our clients the most advanced technology on the market for cash forecasting and liquidity management.”
For Trovata, Founder and CEO Brett Turner said the firm was, “Excited to partner with Santander to expand outside the U.S. and deploy Trovata for the bank’s clients in key markets within Europe and Latin America.”
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