Colliers CRE Announcement

After a lengthy evaluation process of alternative cash management products, CashFac is delighted to announce that Colliers CRE, one of the UK's top ten real estate advisory organisations, has chosen to implement CashFac Virtual Bank Technology® (VBT) to manage client banking within their Property Management division.

Claire Thomas, Director of Property Management Accounting at Colliers CRE said:

"A direct relationship with CashFac will give us the flexibility we need to develop best practice in a multi-banked environment. Colliers CRE has strategic banking relationships that are important to our business. CashFac VBT enables us to protect and grow these relationships.

At the same time CashFac VBT provides us with market leading cash management and banking technology that will enable us to mitigate risk, future proof our cash management proposition in a changing regulatory environment, and grow our business through an enhanced client offering".

For further information please contact Chris Woodcock at CashFac on +44(0)207 920 0617.

17th May 2007