BNP Paribas has launched CENTRIC in Japan and Europe. The launch follows the successful roll out of the platform across 10 countries in Asia-Pacific and the Middle East last year.

CENTRIC offers corporate clients the ability to manage all their treasury business operations from a single platform and provides access to a range of app-based services including electronic transaction banking, cash management, trade finance, FX and market intelligence services. The platform is designed to be fully flexible, enabling corporate treasurers to select the product Apps and tools needed to manage their business operations, with additional customizable features such as a communication centre and widgets to help streamline information delivery.

The app-based services include:

Insight apps: Offer access to cross-asset, pre-transaction, corporate-focused market intelligence and analytics

Transaction apps: Give users access to products and services for managing their FX, cash, payments, deposits and trade requirements

Services apps: Enable users to review and analyze every aspect of their business operations

Luke Waddington, global co-head of electronic markets, fixed income BNP Paribas said: "There are a host of challenges facing our corporate clients today. Market tests of low volatility, sluggish growth and weak interest rates as well as the evolving regulatory environment, are accelerating the need for transparent, reliable and fully integrated electronic market solutions. The CENTRIC platform provides our clients with real choices in managing their risk, optimizing liquidity and ensuring they remain in complete control of their underlying treasury business operations."

Marguerite Burghardt, head of GTTB business development and product management said: "Throughout CENTRIC's development we've worked closely with our corporate clients in order to create a platform which provides the right range of products and solutions to match their needs. As we progressively roll out the platform to more regions we will continue to have these conversations with our clients, ensuring that our offer best suits their requirements on an ongoing basis."