Imperial Group Limited selects TreasuryOne’s Foreign Exchange Dealing Services
Submitted by: Tamsin Save to InstapaperImperial Group Limited selects TreasuryOne’s Foreign Exchange Dealing Services Pretoria – 14 May 2015
TreasuryOne,, South Africa’s premier treasury services company is pleased to announce that it provides FX dealing and back office settlement functionality to Imperial Group Limited. Imperial Group Limited, a 100% subsidiary of Imperial Holdings Ltd (Imperial) executes foreign exchange hedges on behalf of Imperial’s various operating companies.
All treasury functions will be processed using the IT2 treasury management system (TMS) to schedule, control, store and report on all FX and other market operations, providing a functionally rich, robust and secure technical platform. The Imperial team, through the TMS, will have a wealth of information available at their fingertips for enhanced cash and risk management together with improved operational efficiencies.
Hennie de Klerk, CEO of TreasuryOne, comments: “Imperial Group Limited is taking advantage of our FX outsourcing services and an integrated TMS to enhance their treasury activities. I am delighted to welcome Imperial Group Limited to the prestigious TreasuryOne client community. We are looking forward to working with the Imperial team as their treasury requirements grow and diversify into the future.”
About Imperial Holdings Limited (www.imperial.co.za): Imperial Holdings Limited (Imperial) is a JSE listed South African-based international group of companies active in consumer and industrial logistics, vehicle import, distribution, dealerships, retail, rental, aftermarket parts and vehicle related financial services. Imperial employs around 52 000 people who generate revenues in excess of R100 billion per annum in Africa, Europe, South America, Australia and the United States of America.
About TreasuryOne (www.treasuryone.co.za): TreasuryOne was established in May 2000. The company's mission is to provide a broad range of best practice treasury services to organisations of all sizes and levels of complexity, and also to private individuals. TreasuryOne delivers professional treasury services to clients as and when needed. All TreasuryOne offerings are fully scalable, so that the client enjoys the benefit of expert, cost-effective advice and execution, without paying for unnecessary staff and system overheads in the specialist field of treasury. Our clients enjoy all the benefits of working with a highly qualified and experienced partner.
TreasuryOne’s product offerings include the delivery and support of treasury management technology systems, foreign exchange rate risk management and execution services, offshore investment transfers, outsourced treasury management operations, investment management, best practise treasury consulting services, financial instrument valuation and treasury training. Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding financial environment.
Media enquiries:
Maria Muller éclat MarketingTel: 061 441 4920Email: maria@eclatmarketing.co.zaWebsite: www.eclatmarketing.co.za
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