86 400 is Australia’s first smartbank — built for smartphones. A bank which tells customers what’s actually going on with their money, so they feel in control every second, every day. All eighty-six four hundred of them.

Treasurer Ray Jokhan identified the need to reduce operational risk as the young Australian bank’s trading portfolio increased. Ray brought in ETOS, a middle and back office treasury provider, to help eliminate operational risk. Now ETOS facilitates all middle and back office administration, maintaining the 86 400 Protecht treasury system, checking confirmations and Austraclear settlements.

“ETOS helped to eliminate operational and key person risk, read more