"The ASP service offers us particularly good value. We saved the headcount of buying in our own database and systems IT specialists to support the software."
Mike Dixon, Assistant Group Treasurer,
National Express
Mike Dixon, Assistant Group Treasurer,
National Express
National Express group gains productivity benefits with Wallstreet Treasury ASP
The group treasury function at the centre of National Express group is highly active on behalf of subsidiaries, actively managing the group’s foreign exchange, interest rate and commodity risks as well as its long and short term funding needs and the performance bonding (contracts with local government) requirements for the subsidiaries. The group needed a robust solution that would cope with the quantity of new deals, minimize exposure risks, reduce settlement time, increase accounting efficiency and all without incurring too much new system maintenance overhead.
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