Ashley Serrao's Insights on Transforming Treasury Management

Treasurers bought money market funds picking up the phone or using very basic portals out there. And then ICD was like the best in class independent platform. The client service was phenomenal. And so if you think about a treasurer trying to embark on a transformation journey, it can be daunting. You don't know what you don't know. Yeah. Simply put, are you taking advantage of the best yield you can earn out there without compromising on your risk parameters or principles? You can look at all the underlyings, you can run all sorts of analysis. You can look at credit ratings. You can get very comfortable with what exactly a money market fund holds. We're designed to be a cash and cash equivalent at just a better yield on average than a bank account. And so we move a lot of our excess cash, or idle cash into money market funds as often as we can. By doing so, we're able to maximize the interest that we earn. It can be quickly implemented. I can make a tangible impact to the bottom line by increasing interest income. I get annoyed if I'm not earning the best return possible. Why not apply the same mindset to your own corporate job?