Making Your Cash Work Harder For Your Company

As a CFO or Financial Director, you understand the critical importance of effective cash management.

Elkstone Cash Management Service presents a compelling solution to capitalise on your surplus corporate cash reserves, whether for short-term liquidity needs or longer-term horizons.

What is the Elkstone Cash Management Service?

Elkstone’s cash management service enables clients to take control of their excess cash reserves through a single access point utilising all cash asset class tools available in the market.

We get to know your firm’s cash flow needs and build a custom solution utilising all the cash asset class tools available under our platform.

We seek to maximise the safety and returns of your firm’s cash and offer a curated single access point to:

We understand the importance of earning competitive returns on your cash deposits. Our panel of 10 A-AAA rated deposit bank accounts are used to spread risk and to lock in a rate for a specific period in the future; this is very useful for a company’s Asset-Liability Matching. Our solution provides you with access to multiple European and global banks with competitive interest rates. These can be multi-currency and can be either on-demand or a fixed term.

Deposit Accounts

For organisations seeking liquidity and stability, money market funds offer an attractive investment option. With our expertise, you can confidently invest your cash reserves in these low-risk instruments, earning competitive yields while maintaining easy access to your funds. A Money Market fund invests in highly liquid, short-term instruments. These instruments include cash equivalent securities, and high-credit-rating, debt-based securities with a short-term maturity. Money Market Funds are sensitive to interest rate movements. MMFs are primary used as a safe, liquid holding of cash that is required on short notice.

Money Market Funds

Our Cash Management Service offers the ability to invest your cash reserves in government bonds, helping you diversify your portfolio and minimize risk. Our team can help you navigate the complexities of the bond market and optimise your investment strategy. The bond is a fixed maturity and the value of the bond changes daily based on the interest rate available. These are securities used for specific fixed periods beyond 12 months in the future where a ‘buy to hold’ strategy is utilised to lock in the return.

Government Bonds

What the Elkstone Cash Management Service can offer you?

Custodian of Cash:

A client’s primary corporate bank account is opened with a AAA-rated Tier- 1 bank. Further risk management through diversification of deposit banks and securities.

Panel of Deposit Accounts:

Elkstone’s deposit account options include a panel of 10 global banks; all banks have a credit rating of A - AAA. These banks have been bringing in on average higher interest rates than local banks.

Single Access Point:

Elkstone offers our clients a curated single-access point solution to deposit returns, money market funds and government bonds. There is only one account opening to access the full panel.

Tax-exempt Entities:

Our Fiduciary Deposit Accounts provide all principal and interest at gross level, meaning that there no withholding tax at source. This is a benefit to tax-exempt entitles who cannot reclaim tax if it is withheld.

Consolidation:

Our client’s lives are simplified by bringing all cash and cash equivalent holdings together under one roof, viewable through one client portal.

Multi-Currency:

Our clients’ primary bank account is a multi-currency account enabling clients to conduct business across all regions. Deposits, money market funds and government bonds can be based in any desired currency.

Monthly Reporting:

Our client’s will receive a monthly investment report directly to your inbox, along with an annual summary showcasing your income and mark to market.

Dedicated Relationship Manager:

Your Relationship Manager will work closely with you to develop a personalised cash management strategy that aligns with your organisation’s cash flow needs and help with admin/account opening.

Efficiency:

Save time and resources by streamlining your cash management processes. Our innovative solutions help you maximize liquidity and minimise idle cash.

Expertise:

Our team consists of qualified investment professionals with years of experience in cash management strategies.

Contact us today to explore the possibilities with Elkstone.

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Elkstone Private Advisors Limited (trading as Elkstone, Elkstone Private, Elkstone Wealth and Elkstone Ventures) is regulated by the Central Bank of Ireland

Warning: This is a marketing communication. This document is not a contractually binding document and has been prepared for information purposes only. It is not intended as and does not constitute a recommendation. Please do not base any final investment decision on this.

Warning: The value of your investments may go down as well as up. You may get back less than you invest.