Jan 16: Ocorian, a premier global asset servicer to both asset managers and asset owners, is expanding its client support through a strategic partnership with leading cash deposit solutions provider, Flagstone International.
The partnership further enhances Ocorian’s Treasury Services offering to its growing global client base connecting them to best-in-class foreign exchange (FX) and cash management solutions via regulated, institutional-grade platforms.
Flagstone International’s secure, user-friendly technology simplifies access to a wide range of investment-grade banks for multi-currency deposit products and FX services through one account.
The company, a regulated business in Jersey which has clients across Europe, the Middle East, Asia, and offshore financial centres, provides access to an innovative multi-bank deposit platform offering enhanced yields, liquidity management tools, and diversified bank-counterparty risk – all with same-day execution and consolidated reporting.
These services are offered with complete transparency around pricing, ensuring clients can realise greater value from their liquidity and currency management strategies.
Marc Krombach, Director – Global Treasury Services at Ocorian, said: “Our Treasury Services were created to deliver value, simplicity, and transparency to our clients’ banking and FX activities. The partnership with Flagstone International ensures we can help clients to optimise their cash and currency strategies and improve outcomes and operational efficiency.”
Aidan McAvinue, CEO at Flagstone International said: “Flagstone is proud to join forces with a partner of Ocorian’s scale and reputation in these markets. Together, we are delivering genuinely impactful technology to global clients. Ocorian are exceptional in their focus on client value and trust, and this partnership delivers lower costs, more efficiency, greater yield and spread of bank risk.”