Bell Equipment appoints TreasuryONE as their Foreign Exchange Risk Management Provider

TreasuryONE, South Africa’s leading treasury solutions provider, is proud to announce that the country’s leading heavy equipment manufacturer and exporter, Bell Equipment, has appointed us to provide expert Foreign Exchange hedging strategy advice and execution services.

Bell Equipment is a global equipment supplier with more than 50,000 machines operating in over 80 countries. The Group has nine marketing and support operations outside South Africa and more than 150 offshore distribution outlets and dealerships.

Benefits of using TreasuryONE:

• Bell Equipment now has a dedicated relationship manager for strategic FX advice and exposure management. TreasuryONE provides a tailored hedging program, based on Bell Equipment’s policies and specific business requirements.
• The dealing desk handles all deal executions aiming to achieve the most competitive intra-day execution rate in a fast-moving, complex marketplace.
• Extensive and in-depth market research pertaining to major market events that impact the currency market.

Hennie de Klerk, Founder and CEO at TreauryONE, commented,

“The Covid-19 global pandemic is a prime example of volatile currency markets, and exchange risk management continues to be a sustained priority for South African CFOs and Treasurers. TreasuryONE’s market risk team can eliminate many of the key risks associated with exchange exposures, leading to enhanced finance management through demonstrably more reliable revenue forecasting and actual performance.”