Bank Mendes Gans, a member of the ING group, is the only bank in the world to engage exclusively in liquidity and information management solutions for multinationals. BMG operates a bank-independent model and handles most of the world’s convertible currencies.
For BMG, Ximedes developed the E&CF software. Short for Exposures & Cashflows, E&CF helps corporate treasurers manage their cash flow position and currency exposure risks using a modern, full-featured integrated software product.
The functionality that BMG required for its liquidity services is unique and could therefore only be realised with custom build software. The first part of the this project consisted of a series of workshops, through which the Ximedes architect and and engineers obtained a thorough understanding of the of the services offered by BMG. Together with the BGM product managers the Ximedes engineers determined what to build and how to build it.
Application Lifecycle Management
After the final delivery, the Ximedes and BMG agreed upon an Application Lifecyle Management (ALM) contract to maintain and develop BMG’s E&CF system and BMG’s User Maintenance System. With a designated team Ximedes delivers governance, management and operations services according to the ASL framework processes.
Through the ALM the co-operation that started with the workshops and changed into a partnership where we Xemedes is taking full responsibility to ensure that the E&CF software