Grand Union Housing Group implement titantreasury
The housing association provides 12,000 homes for more than 27,000 people across Bedfordshire, Buckinghamshire, Northamptonshire and Hertfordshire and aims to build nearly 2,000 more new homes in the next 5 years.
Grand Union required an integrated TMS to calculate the rate of SONIA interest rates, calculate the cost of fix rate debt as well as automate the production of monthly treasury reports.
titantreasury is an expert Treasury Management System (TMS) that offers financial departments and treasurers the best functionalities for monitoring and controlling operational market risk (rate, foreign exchange, commodities), credit and liquidity risks.
The Centrus team supported Grand Union throughout the implementation, taking the time to understand specific goals and objectives.
Advised on best practices to add value and efficiency to Grand Union’s current treasury process, the client team are now well trained and prepared to use titantreasury for their day-to-day activities, including month end and regulatory reporting.
- Immediate access to accounting entries and forecast results
- Control of liquidity and cash payments
- Smart tracking of payment schedules and due dates
With streamlined financial operations, Grand Union is in a better position to focus on targets which include building more affordable homes, stronger communities and better lives for tenants.
Chris Bellamy, Director of Finance & Treasury – Grand Union Housing Group titantreasury has revolutionised the way we manage and control our treasury portfolio. It provides us an effective and efficient way to control and validate interest budgets and reporting functionality enables us to not only take control of our performance reporting in the treasury area but also enable quicker and more informed decision making.
The implementation project ran very smoothly and the Centrus team were very professional in their systematic approach. This ensured we were kept up to date with project progress, meant any issues were resolved promptly and deadlines were met. I would not hesitate to recommend the platform or the Centrus implantation team based on our experiences.
Gilles Bonlong, Director - Centrus We are thrilled to add Grand Union to our list of titantreasury clients. We are certain that our TMS will empower the treasury team to become a strategic influencer in the organisation, helping them to accomplish their objectives
Press release date: 8th June 2022