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 help you build a balanced portfolio reflective of your risk and liquidity preferences, enabling your cash to work harder for you.

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 11 deposit banks 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 debt 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 primarily used as a safe, liquid holding of cash that is required on short notice. Our preferred MMF options are AAA rated within a wider available MMF universe.

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 has a fixed maturity and the value of the bond changes daily based on the prevailing interest rate. We primarily use these securities for specific fixed periods beyond 12 months in the future, where a ‘buy and hold’ strategy is utilised to lock in the return. Bonds may be sold prior to maturity, which may result in potential price risk. Our preferred government bond options are AAA rated within a wider available sovereign bond universe

Government Bonds

What the Elkstone Cash Management Service can offer you?

  1. Single Access Point Solution

    Opening just one account provides clients with a single-access point solution to 11 deposit bank accounts, government bonds, and money market funds, all conveniently managed through one portal and a unified monthly report.

  2. Better Risk Management

    Our clients can access a selection of up to 11 deposit bank accounts, allowing them to spread risk and secure rates for specific future periods.

  3. Compelling Interest Rates

    Accessing the European rate spread offering more competitive rates than local banks.

  4. 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.

  5. 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.

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.