NAB unveils AI-powered Liquidity+ platform for corporate finance
NAB has delivered a breakthrough treasury solution to customers with the launch of a new AI-enabled cash management, analytics and forecasting platform, NAB Liquidity+. The platform is powered by Trovata, a NAB Ventures portfolio company.
National Australia Bank (NAB) has introduced NAB Liquidity+, a cutting-edge AI-driven cash management platform in partnership with Trovata. Liquidity+ offers real-time cash insights and precise forecasting, streamlining banking for corporate clients.
Jonathan Adams, NAB's Executive for Transaction Banking, highlighted the platform's aim to simplify banking and improve financial efficiency. Adams stated, "NAB Liquidity+ drives cash benefits, improves capital management, and supports working capital initiatives."
The platform stands out with its integration capabilities, allowing secure access to both NAB and third-party bank accounts for consolidated cash flow data, enhancing control.
Trovata's AI technology automates manual tasks, enabling treasury teams to offer real-time financial information. Brett Turner, Trovata's CEO, emphasized the need for automation in finance and treasury teams to focus on strategic advising rather than spreadsheet management.
NAB Liquidity+ empowers corporate customers by simplifying financial operations, boosting visibility, and offering valuable insights. This technological leap is set to revolutionize corporate finance, aligning with NAB's commitment to making banking faster and more secure for its clients.
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