TreasuryOne announces that Ascendis Health, a multinational health and care company, has selected TreasuryOne’s outsourcing service to support its treasury operations. Hennie de Klerk, TreasuryOne’s CEO, comments: ‘Ascendis is taking maximum advantage of the opportunities provided by TreasuryOne’s outsourcing services. Several treasury requirements are being taken care of by our expert team, and Ascendis’s treasury department enjoys the benefits of IT2’s administrative, analytical and reporting facilities.’

About Ascendis Health (www.ascendis.co.za):

Ascendis Health is a market leader in health and care products, owning some of the most recognised brands in South Africa. Our innovative portfolio of products is spread across diverse revenue streams and markets. Ascendis Health has more than 10 products sitting in the number one spot in the South African market, and a further 15 dominate the rankings in second position. This market strength is reinforced by our commitment to quality and customer satisfaction.

About TreasuryOne (www.treasuryone.co.za):

TreasuryOne was established in May 2000. The company’s mission is to provide a broad range of best practice treasury services to organisations of all sizes and levels of complexity, and also to private individuals.

TreasuryOne delivers professional treasury services to clients as and when needed. All TreasuryOne offerings are fully scalable, so that the client enjoys the benefit of expert, cost-effective advice and execution, without paying for unnecessary staff and system overheads in the specialist field of treasury. Our clients enjoy all the benefits of working with a highly qualified and experienced partner.

TreasuryOne’s product offerings include the delivery and support of treasury management technology systems, foreign exchange rate risk management and execution services, offshore investment transfers, outsourced treasury management operations, investment management, best practise treasury consulting services and financial instrument valuation. Clients experience the value of enhanced treasury performance and reduced risk in today’s demanding financial environment.

TreasuryOne is an authorised financial services provider.