Treasury Delta Transacts Innovative Corporate Cash Management RFPs

Their latest projects were on behalf of UK and Irish-based corporates, who wanted to identify optimal liquidity management solutions from the marketplace. The objective from the buy-side was clear – seek out the most effective cash management solutions on offer from participating banks.

Treasury Delta, in conjunction with the buy-side, designed proprietary platforms tailored to the client’s needs. These solutions presented structured and specific corporate data points and outlined the “ask” to pre-selected banks. The sell-side responses were very positive, and within weeks value propositions were clearly presented, via the platform, to the buy-side.

According to Treasury Delta founder Padraig Brosnan:

“These niche liquidity management transactions were an efficient way for the buy-side to go-to-market and identify offers from the sell-side, whilst ensuring fairness and transparency at all times. Treasury Delta’s focus now is on further investment into our tech, so that we can transact these, and other corporate treasury type rfps, in an even more efficient way for all stakeholders.”

For corporates that don’t rely on trading platforms like FXall, 360T or Bloomberg on a daily basis, Treasury Delta’s solution represents a cost-effective alternative. Beyond price discovery, the platform adds value by streamlining the process, providing banks with bona fide quotes, and offering access to real-time analytics on a corporate’s broader banking needs.

As François Masquelier, Chair of the European Association of Corporate Treasurers (EACT) and ATEL, recently noted:

“Digital RFPs will change our treasurer’s life soon, and I must confess it was time to enhance these heavy and burdensome manual processes. This type of innovation and process digitization from Treasury Delta is needed in the corporate treasury environment and as Chair of the European Association of Corporate Treasurers (EACT) and Luxembourg Association (ATEL), we endorse and advocate such initiatives which present many benefits for both sides” (source)

These Treasury Delta transactions reinforce how digital innovation in corporate treasury can deliver efficiency, transparency and more positive outcomes for corporates, consultants and banks so please click on the link below to find out more.