ACTOM appoints TreasuryONE as their Exchange Rate Risk Management Service Provider
TreasuryONE, South Africa’s premier treasury services company is pleased to announce that it has signed on ACTOM as a new Exchange Rate Risk Management client. ACTOM is the largest manufacturer, solution provider, repairer, maintainer and distributor of electro-mechanical equipment in Africa. ACTOM is the latest addition to TreasuryOne’s portfolio of blue-chip clients, and they are now taking full benefit from TreasuryONE’s unique professional expertise in managing the specifics of FX risk at a time of major market volatility.
Hennie de Klerk, Founder and CEO of TreasuryONE, comments: ‘‘I am delighted that ACTOM has entrusted us with their Exchange Rate Risk Management requirements. With today’s currency volatility at almost unprecedented levels of turbulence, it makes good business sense to partner with a leading service provider that eat, sleep and dream currency. We are applying our substantial skills and experience in FX exposure management, supported by world-class technology, to secure the best rates for our clients.’
About ACTOM (Pty) Ltd (www.actom.co.za)
ACTOM (Pty) Ltd is is the largest manufacturer, solution provider, repairer, maintainer and distributor of electro-mechanical equipment in Africa, offering a winning and balanced combination of manufacturing, service, repairs, maintenance, projects and distribution through its 35 outlets throughout Southern Africa and is also a major local supplier of electrical equipment, services and balance of plant to the renewable energy projects.
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 and 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, robotic process automation systems, foreign exchange rate risk management and execution services, offshore investment transfers, outsourced treasury management operations, investment management, best practise treasury consulting services and financial instrument valuation. Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding financial environment.