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Our management team has a wealth of experience that can be yours via the LES Treasury Suite™ of products. These portal products are efficient, cost-effective, and exact, giving you all the data you need to make suppliers accountable to you and to help you negotiate in areas of treasury operations that are often difficult to dissect.
How do you compare with your peers? Are you paying too much? Can you do better? Use the LES Treasury Suite™ to make sure you are where you want to be.
"California’s attorney general, Jerry Brown, said Tuesday that he was suing State Street, the large Boston-based bank....Mr. Brown said that State Street overcharged the pension funds by adding a secret and substantial mark-up to the price of interbank foreign currency trades, totaling $56.6 million over eight years. The interbank rate is the price at which major banks buy and sell foreign currency." The entire article may be viewed at: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/10/20/BU9G1A87H2.DTL
With the LES suite of reports, analysis and continued trade monitoring — you will have a complete picture of FX mark-up costs, and there will be no doubt about the FX mark-ups you are paying from any FX supplier.
Let's make an appointment to talk about your situation - or to view the LES Demo, soon.