Carve-out and Spin-off

Challenge

A European based multi-national Company originated from a carve–out from a larger organization and has 4 months to set-up a treasury organization from scratch.  A new Group Treasurer is concerned about their ability to obtain internal resources and an operational infrastructure including technology within a short space of time. He also has a longer term vision to establish a world class treasury function.

FTI Treasury Solution

FTI Treasury provides:

• Quickly rolled out a technology infrastructure that includes:
  • Transaction recording on a Treasury Management System which is configured to meet the company’s customised design requirements.
  • Data input integration with transaction trading platforms, market information systems, bank account information, cash pool balance tracking and interest allocation.
  • Specialist netting and cash flow forecasting applications.
  • Data output integration with an automated confirmation matching system, payment systems and the in-house accounting system.

• A treasury service for:
  • Back  office  services for settlement, reconciliation, confirmations and cash pool administration.
  • Middle office accounting and reporting services with month end accounting entries, MTM and hedge accounting reporting, typically integrated to client ERP systems.
  • A Front office back-up service to cover daily cash management, FX execution, inter-company lending and netting, transaction recording.

Client Benefits

• Access to an experienced team to get the set-up completed within the tight timeframe because of having done this many times before.
• A best-in-class organisation and technology infrastructure from the start.
• Back-up at all levels if and when required.