Iznes revolutionises Engie's cash investments
- January 25, 2021
- Posted by: Noémie Socha
- Category: Innovation
Engie's financial teams recently completed the deployment of the Iznes platform, whose blockchain technology has enabled them to considerably optimise their short-term cash investment process. Thanks to this tool, the company has also freed itself from very high custody fees. For Engie's treasury department, and more particularly the department dedicated to the company's short-term liquidity, the year 2020 will have been placed under the seal of innovation. After several months of work, the department recently completed the deployment of the pan-European blockchain platform Iznes, dedicated to the execution and processing of investments in money market funds. This initiative was awarded first prize at the group's fourth Finance Awards.