Co-operative Bank of Kenya has launched a new cloud-based treasury management system, Acumen.plus, to enhance operational efficiency and speed up services for its clients. This upgrade aims to automate treasury operations, reduce manual errors, and strengthen risk management.

• The new platform automates funding, trading, and risk management operations, ensuring straight-through processing for both simple and complex treasury products.
• Mutae Karuoro, Head of Treasury at Co-op Bank, stated that the system addresses challenges in operational efficiency, risk management, and scalability.
• Developed by Profile Software, the system provides real-time dashboards for a complete view of trading positions, liquidity, and risk.