Leaders in International Treasury & Cash Management
BRC Consulting Services have extensive experience in working with large multi-national companies, banks
and non-bank financial institutions, as well as public sector clients. We provide
hands on independent assistance on treasury & cash management, banking, risk
management, treasury management systems, banking systems, and card issuing and
merchant acquiring services
Group Treasury in a major global insurance company based in London needed to
introduce a new integrated treasury and cash management business process model
based on best market practice which would replace existing manually intensive
processes and procedures. In particular, the intention was to implement a state
of the art treasury management system in order to benefit from one time data entry
that would improve transaction workflow management and reporting. In addition,
Treasury sought to create an environment that would easily adapt to change with
respect to the introduction of an in-house bank, regional shared service centres,
and electronic dealing.
BRC has completed the first phase which included undertaking a best market practice
review of the existing treasury business process model, recommending improvements and compiling
a detailed functional requirements specification. We will also be working with
Group Treasury throughout the subsequent evaluation and selection phases.