TreasuryONE announces that the Tarsus Technology Group, the longest-established IT distributor in South Africa has selected TreasuryONE’s outsourcing service to support its treasury operations. 

Hennie de Klerk, TreasuryONE’s CEO, comments: ‘Tarsus is taking maximum advantage of the opportunities provided by our outsourcing services. We will perform all FX Deal Execution and Risk Management Services including Back office confirmations and FX Deal settlements. From an IT2 system perspective, TreasuryONE will ensure that IT2 integrate with the ERP and Tarsus will have access to in-house banking, cash visibility, forecasting and FX exposure management’.

Several treasury requirements are being taken care of by our expert team, and the Tarsus treasury department enjoys the benefits of IT2’s administrative, analytical and reporting facilities.

About Tarsus (www.tarsus.co.za)

Tarsus Technology Group (TTG), formerly MB Technologies (MBT), has been one of the leaders in Southern African technology landscape since 1985. TTG offers its customers the highest quality products, solutions and professional services including supply chain optimisation, cloud-based solutions, IT security services, compliant disposal of IT goods and electronic goods.

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 as and when needed.  All our 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, foreign exchange rate risk management and execution services, offshore investment transfers, outsourced treasury management operations, investment management, best practice treasury consulting services and financial instrument valuation.  Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding financial environment.

TreasuryONE is an authorised financial services provider.