US Multi-national with a Finance Company in Europe responsible for non-domestic US cash and liquidity, FX management and admin of intra-group transactions.
The Company has a US based treasury team but does not have expert resources in Europe to manage, process and account for the transactions of the finance company. It is concerned about taking on the costs and resourcing challenges of an expanded international team.
FTI provides the following services:
A dedicated international treasury function with the expert resources, technology and best practice processing necessary to meet requirements.
No concerns about staffing, technology and administration.
Added value from technology integration capability and comfort from a ‘safe pair hands’.
The FTI Treasury solution is significantly more cost effective.
“FTI is an extension of our Treasury team. They are critical in our daily operations in that they not only provide essentials services for our cash pooling and hedging programs but also guidance and best practice ideas."