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Hazeltree Fund Services: Hazeltree and Goldman Sachs TxB Partner to Provide Investment Management Firms with Streamlined Treasury and Global Payments


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NEW YORK, March 02, 2021, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, and Goldman Sachs (NYSE: GS) Transaction Banking (TxB), today announced a joint solution to streamline treasury management with integrated global payments and FX capabilities. This innovative solution simplifies operations and reduces cost for treasurers managing cash and foreign exchange transactions. The partnership combines Hazeltree s unique treasury management and payment workflow solutions, built specifically for investment managers, with Goldman Sachs tech-forward global payment and FX capabilities.
We are focused on making it easy for our clients to manage their treasury function, said Sameer Shalaby, president and chief executive officer, Hazeltree. Partnering with Goldman Sachs Transaction Banking allows us to deliver integrated treasury and payments solution, in a cost-effective and scalable manner, which is criticall ....

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50 years since decimalisation: the UK's currency change was not driven by 'Europeanisation'


(MENAFN - The Conversation) It s 50 years since the UK replaced its centuries-old £sd coinage with a new, streamlined decimal currency. The shift away from a currency that divided the pound into 20 shillings, each of which was further subdivided into 12 pence, directly affected everyone in the country – from school children to pensioners.
Over the years, many people in Britain have sought to paint the move to decimal currency as an early sign of the UK s identity being subsumed by Europe. The UK s non-decimal system was virtually unique, so abandoning it in favour of the type of currency prevalent in Europe and the rest of the world was a dramatic change. ....

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