Treasury outsourcing
Banque Invik Treasury Outsourcing offers treasury outsourcing services, primarily to companies in the Nordic area with international sales. A complete range of financial services within the fields of Cash Management, Financing and Risk Management is provided. The service agreements are tailor made to suit the unique needs of each client, meaning that the mandates vary from a complete outsourcing to handling specific parts of the client's treasury activities, in some cases even on a case-by-case basis. Furthermore, advisory services to clients in separate financial transactions, or projects focusing on improving cash and risk management are offered.
Treasury outsourcing means that a company hands over part of, or its entire, treasury department to be run by a professional independent third party. Banque Invik Treasury Outsourcing believes that some smaller and medium sized companies have difficulties to justify the cost of building their own treasury department, including qualified staff, administration/back office, IT system etc. However, the major cost savings generated by outsourcing the treasury to a professional and experienced team will most likely come from structural improvements related to the company's financial activities, e.g. cash management solutions, refinancing, foreign currency risk control etc.
Banque Invik Treasury Outsourcing is not contractually tied to any provider of finance and is consequently able to act as a truly independent advisor to its clients, having extensive contacts with all the major European banks.
The nature of the services provided by Banque Invik Treasury Outsourcing creates a strong and fruitful relationship with the client, built on a secure and independent platform. A good and solid understanding of the client's business and financial need is achieved through the handling of the company's daily financial routines, such as liquidity and cash flow reporting, transaction processing, debt and cash management, handling of foreign exchange and interest rate exposure, management of guarantees/documentary credits and daily bank contacts.
