Our Treasury team enables clients to eliminate or minimise idle cash in bank accounts whilst generating returns on those funds. Cash can be invested across a number of institutions in a variety of terms, dependent on the client liquidity requirements.
The fixed deposits or notice accounts can range from 7 - 14 days to 90 days and beyond.
Our treasury team reviews all maturing deposits, selects institutions who meet our criteria before a renewal of a maturity.
Our relationships with various Treasury Departments enables us to negotiate for competitive money market pricing whilst on the other hand the pooling effect aids in obtaining appropriate security as cover for the deposits from each bank , that is, every deposit is secured appropriately.
Counterpart credit risk assessment is carried out continuosly and portfolio reports are produced on a regular basis.