The details of the solution are still sketchy, but apparently Bloomberg has acquired a web-based off-the-shelf TMS aimed at the mid-market corporate segment, which will then be integrated with their trading platform (FXGO), market data and risk management platform (MARS). The cash management module comes with SWIFT integration, which is "a must" for TMS today. Comparing Bloomberg TRM® with the specialist systems (i.e. Reval, SunGard, WallStreet/IT2, Kyriba etc.) you should be able to achieve more seamless integration of market data, pricing, and online trading, while at the other side of the market ERP-based systems - such as SAP TRM - gives you the integration towards your ERP. For the specialist TRMs integration will have to be built for both sides.
See the whole article here:
http://www.bobsguide.com/guide/news/2015/Feb/10/bloomberg-launches-integrated-treasury-and-risk-management-solution-will-it-be-a-game-changer.html?utm_source=Members+List&utm_campaign=de4257ede9-bobsguide_Weekly_Top_Reads&utm_medium=email&utm_term=0_72e1ba23ef-de4257ede9-175545561&mc_cid=de4257ede9&mc_eid=51ddccc4a5
