Seamless treasury solutions
SHARED TREASURY SERVICES
Seamless treasury solutions
Our treasury management service include strategic management of financial assets, liabilities, and liquidity with a mission to mitigate financial risk, to ensure cash is available when required and to optimise returns on surplus cash balances wherever possible.
OVERVIEW
The Greater London Authority (GLA) operates one of the largest public sector treasury functions in Europe, serving its own needs and those of its strategic partners, in one of the longest standing and most successful shared services within the GLA Group.
London Treasury’s expert team support the delivery of the treasury shared service and acts as principal advisor to the Mayor of London, the GLA’s corporate management team and the shared service participants on matters of borrowing, investment, balance sheet risk, long-term capital finance and pensions.
Key features
Access to the longest standing and most successful shared services within the GLA Group
World-class, customer-focussed treasury services from strategy formation through to transactions, risk management and reporting
Expert advice on strategic treasury matters, including borrowing, investment, balance sheet risk, long-term capital finance and pensions
Support with presenting to committees and boards and responding to public scrutiny on strategic and operational matters
Forging strategic partnerships and support to make most effective use of taxpayers’ money and deliver a range of tangible benefits to local residents by enabling projects that will improve local infrastructure, housing, economic growth, energy efficiency, biodiversity and air quality
A high level of assurance through rigorous management and controls, subject to regular audit testing
