FNX, the US-based financial applications supplier, has installed its Sierra Treasury application service provider (ASP) solution at the corporate treasury group of General Motors (GM), the US car manufacturer.

By deploying an ASP-based solution, GM has eliminated the need to create and manage a technology infrastructure for its commodities trading activities. The ASP model provides trade and risk management functions via a browser-based portal environment. It is accessible to the GM treasury group from any location.