Press release
Paris, December 2, 2024
Diapason Strengthens Its Treasury Management Offerings with the Acquisition of Fairways Guarantees Solution
Paris, December 2, 2024 – Diapason, a leader in treasury and risk management solutions, is pleased to announce the acquisition of Fairways Guarantees, a solution developed by Finance Active, part of Altus Group.
This strategic acquisition centers on the management of guarantees for corporate organizations and financial institutions, reaffirming Diapason’s commitment to broadening its offerings to address the evolving needs of its clients while strengthening its position in the treasury management solutions (TRMS) market.
Enhancing Offerings to Meet Client Needs
By acquiring Fairways Guarantees, Diapason is integrating a critical new module that addresses the management of guarantees issued and received. This solution caters to a growing demand from clients seeking to centralize financial processes and guarantee management within a single, powerful platform.
Integrating Fairways Guarantees into its flagship myDiapason platform strengthens Diapason’s existing modules (cash, payments, banking communication, risk management) while delivering advanced functionalities tailored to the specific needs of European businesses. This integration combines expertise and innovation, offering significant added value to users.
Seamless Transition for Fairways Guarantees Clients
Diapason is committed to ensuring a smooth transition for current users of Fairways Guarantees. A transition agreement with Altus Group has been established to maintain uninterrupted service quality during the integration process.
Additionally, Diapason is pleased to announce that Laure Nguyen, who previously managed Fairways Guarantees, will join the Diapason team. She will oversee the new myDiapason Guarantees activity and support clients throughout the transition.
Diapason also plans to gradually integrate Fairways Guarantees’ functionalities into its SaaS platform while maintaining its user experience (UX/UI) and key features. Simultaneously, additional investments will be made to enhance the myDiapason Guarantees module with new functionalities eagerly anticipated by many clients.
A Benefit for All Diapason Clients
This acquisition benefits not only Fairways Guarantees users but also Diapason’s existing clients. With the integration of this module, myDiapason users will now be able to manage their guarantees and bonds directly within their treasury management tool, enhancing the centralization and efficiency of their financial processes.
Streamlined Integration into myDiapason
Fairways Guarantees will be integrated into the myDiapason platform as a new module, myDiapason Guarantees, leveraging the same technical foundation as existing modules. This ensures consistency, seamless user experience, and enhanced functionality to meet the evolving needs of Diapason’s clients.
"This acquisition marks a major milestone in our growth and innovation strategy. By integrating Fairways Guarantees, we strengthen our position and ability to meet the changing needs of our clients,"
President of Diapason