The TreasuryONE outsourcing offering is based on the company’s well-staffed professional team of treasury experts and the world-class IT2 treasury management system. This team incorporates all the necessary skills and business experience to design, manage and operate best of breed corporate treasuries. It provides a fully integrated, complimentary extension to each client’s finance team at a fraction of the cost of managing their treasury department and system.
TreasuryONE’s market-leading position is illustrated by the team’s FX turnover on behalf of clients, of R 165 billion for the 2017 calendar year.
Every outsourcing client is served by the IT2 system, providing database, processing, communications and control facilities via the web. The client’s secure IT2 database is transparent to authorised client finance personnel, who can enter and receive information as required and can monitor the progress and status of their treasury operations in real time. Additionally, clients can request up-to-date reports on-demand so that they enjoy instant, transparent access to all elements of the outsourced operations. Reports include the progress of deal executions and settlements, up-to-date enterprise cash position, and the current FX exposure/hedge risk position.