Bank of America Merrill Lynch Global Transaction Services (GTS) has announced the launch of the CashPro Accelerate reporting solution across Asia Pacific. It is now available to treasury management clients in 12 markets – Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand.

“Bank of America Merrill Lynch GTS’ deepening commitment to the Asia Pacific region relies on our people and our platforms. The Asia Pacific launch of CashPro Accelerate is a primary example of the investment made by Bank of America Merrill Lynch to provide our regional clients with globally minded and locally relevant solutions to effectively manage treasury activities,” says Ivo Distelbrink, head of GTS, Asia Pacific.

In tandem with the launch, Bank of America Merrill Lynch GTS has also announced the solution implementation for POSCO Investment Co. Limited (Hong Kong), a subsidiary of POSCO, South Korea’s largest steel manufacturer. The implementation complements its existing treasury management relationship with the bank in Asia Pacific.

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