Looks like corporate treasuries can dump that file of various password/ID combos, and empty the drawer full of USB authentication tokens. Wachovia has announced it has upgraded to single-sign on capabilities for its global treasury management portal, Wachovia Connection. Log-in once, and clients have immediate access to cash management, trade services, and currency risk management products. "Integrated access to the spectrum of Wachovia's online services helps clients better understand and manage the interrelationships that drive financial performance," says Laurence Leinbach, senior vice president of Wachovia's Treasury Services division, in a statement. "Single access with an all encompassing, common online experience helps our clients optimize value." According to Wachovia, the move is helping to break down internal product silos that most banks have traditionally brought to front-end client access systems. Wachovia Treasury Services is the nation's third-largest cash management provider.
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