Internal resources are stretched in dealing with global operations and acquisitions of an $18 billion turnover corporation and would like to focus attention away from routine operations and more on the strategic demands of the business.
FTI Treasury Solution
FTI Treasury provides a fully inclusive turnkey netting solution that includes the netting system, the outsourced administration of the netting process and the implementation set-up or migration.
The solution includes:
- State-of the-art Coprocess Netting system
- Automated and manual data entry capability
- User administration, support and training
- Maintenance of participant SSIs on Coprocess
- Netting administration including managing the calendar and the netting cycle
- Reporting and statement issuance to participants
- Preparation of FX exposure position, FX execution and confirmations
- Preparation and processing of payment file
- Delivery of information for accounting purposes.
Transfer of a routine activity to a party with significant expertize and experience in his are.
Satisfied that the netting process is managed effectively and comfort from a ‘safe pair if hands’.
Cost savings achieved from bidding out the FX to our group of relationship banks.