WORLD'S BEST TREASURY PROVIDERS

Global Finance, Mar 2005 by Platt, Gordon

BEST PROVIDER OF OUTSOURCED TREASURY SOLUTIONS

NORTH AMERICA

JPMorgan Chase

Clients of JPMorgan Chase can outsource all or part of their treasury function through the bank's Financial Services Provider solutions model. This service frees them to concentrate on their core strategic business objectives. Banks use JPMorgan Chase's outsourccd clearing solution to increase their capabilities and boost profits, while maintaining regulatory compliance and mitigating risk.

WESTERN EUROPE

ABN AMRO

ABN AMRO has made a significant investment in the technology and staff to provide a first-rate treasury outsourcing business. The bank is expanding the scope of its products and has attracted many new clients in the past year. Its outsourced solutions help clients reduce administrative overhead in such areas as asset-management reporting and management of corporate netting. Web functions and multibank capabilities provide added convenience.

ASIA

Citigroup

Citigroup provides a complete outsourcing service that enables corporations and financial institutions to reduce costs through the use of integrated treasury management applications. At the same time, these applications increase levels of control, reporting and information for the client. The bank has aligned its services with operations departments across markets to improve the delivery and timeliness of its treasury outsourcing offering. It has developed a treasury information portal, known as Citigroup TreasuryVision, that has been used by its own in-house teams and will be rolled out to clients this year.

LATIN AMERICA

Citigroup

Citigroup's treasury solutions group offers a growing range of services, such as loan-portfolio administration, liquidity management, netting, funding and investment, risk-management accounting and reporting. Most of the group's clients are served from Citigroup's Dublin, Ireland, office, where the treasury outsourcing business originated. The bank provides efficient and timely completion of its clients' outsourced operations.

CENTRAL AND EASTERN EUROPE

ABN AMRO

ABN AMRO's integrated collections and invoice-management solutions offer services tailored to the specific needs of clients in Central and Eastern Europe. The bank's modular solutions are based on electronic and paper collection services, including cash, checks, electronic transfers and direct debits. ABN AMRO is the leading provider of automated invoice-matching services in the region. It helps customers overcome problems created by variable data exchange between banks in the region.

MIDDLE EAST AND AFRICA

Standard Bank

South Africa-based Standard Bank has a global presence, with experience in African and other emerging market countries. This gives it an edge in serving banks and corporations with a need to manage local-currency cash flows. Standard Bank ofters online management of treasury accounts for domestic and global treasury operations.

BEST PROVIDER OF MONEY MARKET FUNDS

NORTH AMERICA

Citigroup Asset Management

Citigroup Asset Management has more m than $134 billion under management in US and non-US liquidity and short-term fixed-income strategies. CAM offers a wide array of liquidity strategies through mutual funds and separately managed accounts. The 27-person US liquidity portfolio team includes sector specialists for government. US treasury and agency securities, corporate and bank obligations, and floating and structured notes, as well as individuals who specialize in evaluating money-market technical factors and Federal Reserve policy.