TIS, a cloud-based platform and service provider for payments, cash management, compliance and security, today announced its partnership with Delega, a specialist fintech offering secure, automated multi-bank signatory rights management.

The partnership enables TIS and Delega customers to benefit from NextGen electronic bank account management (eBAM). It will leverage Delega’s cutting edge front-end design – created in collaboration with large multinational corporates and tier 1 financial institutions – and TIS’ well-established bank connectivity.

An application programming interface (API) will exchange data between Delega and TIS’ enterprise payment optimisation platform. This will provide access to TIS’ existing highly secure communication channels with more than 11,000 banks worldwide.

As part of the partnership, data integration between Delega’s cloud-based platform and TIS’ enterprise payment optimisation platform is set to deliver unprecedented improvements to the management of bank account signatory rights.

Jörg Wiemer, Co-founder and CSO, TIS: “TIS continues to leverage its well-earned reputation as a leading enterprise payment optimisation platform. We are proud to partner with Delega and look forward to delivering efficiency and performance gains to a fast-growing customer community.”

Riccardo Balsamo, Founder and CEO, Delega: “As the office of the CFO accelerates risk reduction and digital transformation initiatives, TIS and Delega deliver an especially compelling cloud-based solution with new multi-bank signatory rights management capabilities. It is great to have started our journey and have large corporates, international banks and TIS lined up already in our community.”