CORPORATE FINANCIAL SERVICES
We supply FULL TREASURY MANAGEMENT to Corporate Entities.
The offering includes the following bouquets of services:
Full Corporate Treasury
Treasury Risk Advice and Management
Liquidity (Cash) Management
Treasury Management Operations
Our Full Corporate Treasury Service
A fully-fledged Treasury Function can be tailored according to your needs.
Such a service may consist of all Treasury Functions, including:
Foreign Exchange Risk Management
Cash and Cash flow Management
Interest Rate Risk management
Commodities Risk management
It further includes:
- Complete Front office, Middle office and Back office solutions and services;
- Access to best practice Treasury knowledge and experience;
- Independent and objective analysis and advice;
- Access to a world-class Treasury Management System;
- Implementation of appropriate action at related and competitive market rates, according to mandate;
- Confirmations and Reporting on Transactions via Treasury Management System;
- Continuous monitoring and management of new exposures and markets on your behalf;
- Administrative Support; and
- Compliance & Control.
All transactions are done on a mandated basis with the financial institutions that you have a relationship with.
The flow of funds in and out of your bank accounts remains a function that is fully under your control and authority.
Our Treasury Risk Advice And Management
- We offer all aspects of Treasury and Financial Market Risk Management and, depending on the needs and size of your organization, a combination or individually tailor-made treasury-related services which may be applicable and appropriate to you are at your disposal.
- Review existing Forex, Money Market, Debt and Commodities Portfolios regarding Hedges, Exposures and Strategies;
- Provide independent Economic Research and Data;
- Recommend and establish appropriate strategies to reduce risk
- Implementation of appropriate action at related and competitive market rates, according to mandate;
- Confirmations and Reporting on Transactions via Treasury Management System;
- Provide clients with relevant data and management reports to assist in effective management of exposures and hedges; and
- day-to-day administration of payments, receipts and related market transactions.
Our Liquidity (Cash) Management
Liquidity risk is the most important risk managed by Treasury. There is an obligation on Treasury to ensure that the business is never financially embarrassed through finding itself unable to meet its financial commitments. Funds must be available whenever and wherever required. This implies that the funds should be available in the required currency in the right place at the right time. We provide independent and objective Liquidity Analysis and Advice + Access to a world-class Treasury Management System which includes a Cash Management Capability;
The offering includes:
- Implementation of appropriate action at related and competitive Money Market rates for both the Investment of Surplus Cash as well as Short-Term Funding;
- Confirmations and Reporting on Transactions via Treasury Management System;
- Administrative Support;
- Compliance & Control.
- Our service also provides continuous monitoring and management of the liquidity levels and requirements on an enterprise-wide basis.
Our Treasury Risk Advice And Management
The system of control in Treasury is developed in order to carry on the Treasury activities in an orderly and efficient manner, ensure adherence to management policies, safeguard assets, and to the degree possible, ensure the completeness and accuracy of the financial books and records. The service ensures that a combination of adequate Policies, skilled resources, Treasury Management System and Procedures are in place and operational in order to effectively achieve the above goals. The service will ensure that:
- Each and every transaction goes through the initiation, authorisation, execution, recording and processing stages in an efficient and systematic manner;
- The execution of transactions resides with the Treasury Front Office;
- Transaction initiation, confirmation / settlements and reporting / accounting duties will be performed by the Treasury and are segregated;
- All telephone conversations are taped on a voice recording system;
- Deal confirmations and bank reconciliations are done within 24 hours of transacting;
- Daily Treasury Reports on positions, valuations and deviations from policy are produced; and
- Monthly management reports indicate currency and interest rate exposure, compliance with covenants and a comparison of forecast funding requirements with available facilities.