TouchstoneEnergy digitises Braza Banks’ financial accounting and reporting by integrating their currency trading system with Infor SunSystems Cloud

We are delighted to announce that Braza Bank, an E-money institution specialising in the Brazilian market and offering solutions for mass payments to and from Brazil, has selected Infor Gold Partner TouchstoneEnergy to supply and implement Infor SunSystems Cloud.

TouchstoneEnergy has successfully implemented the Infor SunSystems Cloud financial management system, utilising their extensive experience with the platform to support Braza Bank in its plans for global growth and streamlining of accounting processes.

Infor SunSystems Cloud is the latest generation of the renowned financial management system, now offered as a true SaaS solution. Powered by Infor OS (Operating Service), Infor’s robust Digital Transformation platform, Infor SunSystems Cloud provides an industrial-strength financial ERP with all the power, flexibility, and reliability that Infor SunSystems is known for. It offers an affordable, scalable solution tailored to meet the business needs of most organisations.

Infor SunSystems Cloud will provide numerous benefits to Braza Bank. As a cloud-based solution, it offers the E-money institute scalability and flexibility to digitise their financial management processes and allows end users access to their accounting applications from any location worldwide. As Braza Bank grows its global footprint, Infor SunSystems has the reputation to grow with the expanded business without significant infrastructure investment. The system will easily accommodate increased transaction volumes and expansion in line with business operations.

With robust financial management capabilities, including real-time currency processing, financial reporting, and budgeting, the integration of Infor SunSystems Cloud with their currency trading system gives Braza Bank real-time daily P & L information and improved operational efficiency. Additionally, by automating routine accounting tasks, including cash management, Infor SunSystems Cloud will reduce the risk of human error freeing employees to focus on more strategic tasks.

Infor SunSystems Cloud also supports compliance with international financial regulations and standards. This is particularly beneficial for Braza Bank, given its focus on the global currency markets and the need to navigate diverse regulatory environments. The system’s comprehensive data analytics and reporting tools will provide greater visibility into financial performance, helping to identify trends and insights to drive business strategy.

By leveraging these capabilities, Braza Bank can enhance its financial operations, support its growth strategy, and continue providing efficient and reliable payment solutions in the Brazilian market and globally.

“We are delighted to be engaged by Braza Bank to deliver their new financial accounting and management reporting system. We believe Infor SunSystems Cloud is a great fit for their needs and will scale in line with Braza Banks’ growth expectations.

SunSystems’ multi-currency capabilities are exactly what Braza Bank needs when dealing with complex currency trading. As part of the implementation, we will be integrating Braza ‘s Currency Trading system that manages their front of office trading activities. TouchstoneEnergy was an obvious choice for Braza Bank because of our deep domain expertise of the global Currency Trading industry.”

Peter Davis, Sector Head of TouchstoneEnergy (part of TouchstoneFMS)

TouchstoneEnergy is the ideal partner for this project due to our extensive experience and expertise in implementing Infor SunSystems and their deep understanding of the currency & commodities sectors. With a proven track record of successful implementations, we deliver robust financial management systems tailored to specific business needs. Our team combines >350 years of experience, ensuring comprehensive support and systems fit for purpose. Additionally, TouchstoneEnergy's familiarity with global currency and commodity trading sectors, and the international compliances, tax and reporting requirements, this makes us uniquely qualified to handle the complex demands of Braza Bank.

Founded in 2007, Braza Bank is an e-Money Institution authorised and regulated by the FCA that specialises in the Brazilian market and was one of the first to offer mass payment services and payment solutions to and from Brazil.

The company is part of the Braza Group, which includes a Brazilian foreign exchange bank (Braza Bank), a digital multicurrency account (Braza On), and a tech company focused on innovative financial solutions (Braza Tech). Together, the group has handled over 10 million financial transactions in the past five years.

TouchstoneEnergy, part of TouchstoneFMS has over 40 years of successfully operating in the field of FMS and ERP based on Infor software and technology. As the leading Gold Channel Partner for Infor SunSystems® in the UK, we provide comprehensive services and support to more than 300 clients – spanning both domestic and international markets.

To discover more about Infor SunSystems Cloud and how it can help your organisation enhance its financial operations, please contact us at info@touchstoneenergy.co.uk

For Media enquiries, please get in contact with:

Lily Swain: E: lily.swain@touchstone.co.uk; T: +44 (0)207 121 4703