Salmon Software Strengths, Domain Expertise, and Key Differentiators
Salmon Treasurer TMS has 120 different modules and enables clients to record and manage their trades in several markets including, Money Markets, FX, Debt, Derivatives, Trade Finance, etc. Its rich functionality includes intuitive cash management, sophisticated forecasting, encrypted electronic payments, and integration with all other 3rd party systems including trading platforms, matching systems, rates vendors, ERP systems, etc.
Using Microsoft's Azure cloud, Salmon Software offers Salmon Treasurer and the Salmon Treasurer multi-lingual web Portal so that the client can select a packaged level of functionality that suits the requirements of their Treasury Operations. Salmon Treasurer for central treasury, in conjunction with the Salmon Treasurer multi-lingual web Portal for subsidiaries, allows corporate business and treasury operations to become secure and gain control while remaining flexible and cost-effective.
Salmon Software Recent Developments
The new version of Salmon Treasurer, version 5, incorporates a host of innovative features and rich functionality as well as a series of new modules including elegant Market Risk-Free Rates Module facilitating every aspect of migrating from LIBOR to SONIA*, SOFR*, and SARON. *Sterling Overnight Index Average (SONIA) *Secured Overnight Financing Rate (SOFR).
The looming Brexit could be a boon for Salmon as UK companies may need to expand their treasury operations in Ireland, which remains part of EU.
Salmon Software Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Salmon Software applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Salmon Software and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Salmon Treasurer, customers.
Salmon Software Overview
Ownership: - x
Number of Employees: 30
Functional Markets: TRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Salmon Software Key Enterprise and Cloud Applications
Salmon Treasurer,
Salmon Software Revenues, $M:
| Type/Year | 2020 | 2021 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Salmon Software Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Salmon Software Enterprise Applications Revenues By Functional Markets, $M:
Salmon Software Enterprise Applications Revenues By Verticals, $M:
Salmon Software Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Salmon Software Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Salmon Software Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Salmon Software Customers
No. of Salmon Software Customers: 100
No. of Salmon Software Enterprise Applications Customers: 100
No. of Salmon Software Cloud Customers: x
No. of Salmon Software Cloud Subscribers: x
Salmon TMS was selected by Secro. Salmon Treasurer TMS was implemented in order to provide increased efficiency, control, and transparency in managing Serco's extensive treasury operations.
Among its previous customer wins are Fidelity, Airbus, CRH, Kingspan, Ryanair, Avolon, Dubai Aerospace Enterprises, Saint-Gobain, DP World, DCC Plc, Securitas, AB Ports, Fexco, Moy Park, Arqiva, First Group, Debenhams, Bank of Liechtenstein, Iglo Foods and others.
Salmon Software Market Opportunities, M&A and Geo Expansions
In 2021 Salmon Software has won a contract to implement a new treasury management system at Kelda Group, the parent company of Yorkshire Water, which provides water and sewerage services to nearly five million people and 130,000 businesses. According to Christopher Elliff, cash and banking manager, Kelda Group, the company wanted to replace an aging TMS to manage critical transactions across the business, including visibility of short-term loans and deposits, long-term debt and index-linked derivatives, and other instruments.
Salmon has invested heavily in emerging markets including Africa by opening new offices in South Africa.
Salmon Software Risks and Challenges
Salmon's decision to fold an earlier Cloud product TGold from its sister company TGold Software into its core operations, underscores the desire to exert better control over the Cloud migration of its on-premise customers.
Salmon Software Ecosystem, Partners, Resellers and SI
In May 2020 Salmon Software added one more point of international presence in the expanding markets of the Middle East & Gulf countries with Dubai-based Saiber Innovation Technologies.
In the Fintech space, Saiber offers solutions to banks and FI’s in Artificial Intelligence/Machine Learning for the Analytics space. With the addition of Salmon Treasurer, the partnership now offers Corporates system functionality enabling centralized or decentralized treasury operations, management of unlimited accounts, facilities, books, funds, dealers, and companies into the region. Furthermore, by automating the majority of treasury management processes, Salmon Treasurer effectively eliminates the need for spreadsheets allowing for focus on adding value elsewhere. The system supports all currencies, facilitates trades, and manages these trades, across an extensive range of financial instruments providing real-time revaluation of all deals and positions while interfacing with a wide variety of external and internal systems. Treasurer’s in-house banking and netting modules let businesses optimize cash balances and positions across departments and global subsidiaries.
In May 2019, Salmon Software partnered with Zeevo Group, a business, finance, and information technology consulting services firm. Zeevo clients will now have access to the firm's comprehensive treasury advisory services augmented with Salmon's integrated treasury platform, which is designed to optimize liquidity management, provide advanced risk monitoring and enhance operational risk management. Salmon Software does primarily direct sales.
Salmon Software Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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