Is Fennech a Treasury Management System?

Fennech Financial is not a TMS although you will find that some of our solutions extend in the capabilities often found in TMS. Instead we act as a middleware between TMS, ERPs and banks allowing businesses to seamlessly integrate with Payment, Treasury, and Banking solutions helping to bring visibility, control, and end-to-end automated processing into existing infrastructures with minimal human intervention.

What is Fennech Financial and what services do you provide?

Fennech Financial is a Next-Gen Corporate Banking Platform as a Service. We deliver Hyper-automation of Finance, Treasury, and Payment solutions in real time on One Platform, The Fennech Financial Framework (F³). Our ultimate goal is to help you automate and optimise financial workflows to enhance efficiency, accuracy, and compliance in treasury and financial operations. You can use as many or as little of our solutions to suit perfectly your requirements. Find out more by exploring our solutions.

What is the Fennech Financial Framework (F³), and how does it work?

F³ is a cloud-based platform that blends the best of core banking systems, enterprise resource planning and treasury management systems. It's robust, scalable and tailored for your unique IT environment, offering custom solutions to manage payments, cash, risk, and financing more quickly, cost-effectively, and efficiently.

PSD3 Compliance: Key Considerations and Fennechs Seamless Treasury Solutions

PSD3 compliance is crucial for treasurers as new regulations shape payment processes. Fennechs platform ensures seamless adherence to PSD3 requirements, it offers tools to leverage banking opportunities, streamline processes, and maintain compliance, ensuring your treasury is prepared for the future.

Chief Revenue Officer

Melina Moussali

Trusted by partners

Key PSD3 Compliance Strategies for Future-Ready Treasury Operations

As the financial landscape evolves, the forthcoming Payment Services Directive 3 (PSD3) is set to significantly influence payment processes from 2025 onwards. Treasurers must proactively adapt to these changes to ensure compliance and leverage new opportunities. Fennech's F³ platform offers a comprehensive solution to navigate this transition seamlessly.

Understanding PSD3 and Its Implications

PSD3 aims to enhance the efficiency, transparency, and security of payment services across Europe. Key aspects include:

Enhanced Security Measures: Strengthening authentication protocols to protect against fraud.

Increased Transparency: Mandating clearer information on fees and transaction processes.

Innovation Promotion: Encouraging the development of new payment solutions and services.

Key Considerations for Treasurers

To align with PSD3, treasurers should focus on:

Regulatory Compliance: Implementing systems that adhere to new security and transparency standards.
Operational Efficiency: Streamlining payment processes to reduce costs and improve transaction speed.
Data Management: Ensuring accurate, real-time data for informed decision-making.
Technological Integration: Adopting platforms that seamlessly integrate with existing systems to facilitate compliance and operational enhancements.

Leveraging Fennech’s F³ Platform for Seamless Compliance

Fennech's F³ platform is designed to address these considerations effectively:

Regulatory Compliance: F³ ensures adherence to PSD3 requirements through robust security features and transparent processes.

Operational Efficiency: The platform automates finance, treasury, and payment operations, reducing manual intervention and operational costs.

Data Management: F³ provides real-time financial insights, enabling treasurers to make informed decisions promptly.

Technological Integration: Designed for seamless integration, F³ connects with existing systems, ensuring a smooth transition to PSD3 compliance.

In conclusion, as PSD3 reshapes the payment landscape in 2025 and beyond, treasurers must proactively adapt to maintain compliance and capitalise on new opportunities. Fennech's F³ platform offers a comprehensive solution, enabling seamless compliance while enhancing treasury operations.