Synechron Inc, digital transformation consulting firm and a specialist in Systems Integration for the financial services industry globally, has been chosen to deliver a complete, straight-through-processing, single treasury management platform solution to ArcelorMittal. Synechron will provide the full system implementation, with support from the delivery team at Calypso Technology Inc., the company said in a press release.
This Greenfield Calypso platform implementation will completely revamp ArcelorMittal’s legacy system and will become the core of its new information system for ArcelorMittal Treasury. Synechron’s delivery of this new platform will enable front-to-back processing for commodities, corex and money market products.
“We are pleased to have been chosen as the premier provider and implementation specialist company for ArcelorMittal’s upgraded and enhanced Treasury system built on the Calypso platform,” said Jerome Plainchault, Head of the Synechron Calypso Center of Excellence, Synechron Paris.
Synechron’s Senior Director, Head of Systems Integration, Jawad Cherkaoui, said, “ Current health and sanitary conditions are driving an entirely remote project at this stage, facilitated by Synechron’s extensive mix-shore project experience, particularly Franco-Serbian. Close collaboration with Calypso and ArcelorMittal will be an essential key to the success of the overall project.”
Synechron offers the market a unique combination of end-to-end services including business and technology services consulting and systems integration.