Diapason and Necto ally for real-time cash management and payments via bank API solutions

Paris, March 22, 2024 – Diapason, a leading software vendor specializing in treasury and risk management solutions, and Necto, a privately held, global fintech company transforming corporate finance and treasury departments by aggregating world banking APIs, have joined forces to easily and rapidly connect corporate treasuries to full-service bank API offerings.

Diapason is pleased to announce its partnership with Necto, a move aimed at enriching the range of services available to its global customers. Frédéric Saunier, General Manager of Diapason, says “We are thrilled to beginning this partnership with Necto, which has a proven track-record of transforming treasury departments by aggregating global banking APIs to deliver real-time cash exposures and payments.”

Through this collaboration, Diapason customers will benefit from multi-bank API aggregation, providing a single endpoint for real-time bank connectivity, bank account balances and intraday payments — regardless of data formats. This streamlined approach will simplify access to real-time treasury functions by leveraging Necto’s extensive APIs.

The Necto-Diapason partnership will enable corporates to enhance their banking connectivity more easily and reduce complexity in their integration projects, thanks to Necto plug and play capabilities. Through the integration of Necto’s banking APIs into Diapason’s cash management and payment processes, this new functionality will assist treasurers in automating and accelerating treasury transactions and decision-making processes.

‘We are delighted to partner with Diapason because Necto’s banking API connections will bring faster and more secure corporate finance capabilities to Diapason users,’ explains Toby Michelmore, Head of Sales at Necto. ‘Providing companies with seamless connectivity to their bank counterparties is crucial for maintaining a competitive edge.’

Frédéric Saunier concludes, “This partnership with Necto will enable Diapason’s customers to replace legacy forms of corporate banking connectivity and easily leverage this innovative banking API offering. Aggregating banking APIs to deliver real-time cash management and payments is key to increasing the efficiency of treasury processes.”