“We provide the finance function for a host of publicly listed companies. Because of this we require a provider which can give us flexibility on trading terms and local settlement in as many jurisdictions as possible so we can provide a seamless service to our clients. Garton can provide collection facilities and named accounts in over a dozen locations, meaning we can move funds between accounts and currencies easily and at highly competitive rates.”
ONE Advisory are a multi-disciplinary Plc advisory and administration company based in the City of London. They provide a range of finance function services to UK publicly listed companies in a range of sectors including tech, exploration and mining and consumer goods.
A lot of companies in ONE Advisory’s portfolio are internationally focused from an operational and investor perspective. When undertaking fundraising rounds, investors putting money in the companies often have issues making payments in sterling to the UK based company. This led to a significant pain point in the fundraising process and had at times cost the companies in lost investment and also being hit with poor exchange rates.
Via Garton’s extensive partnership network they were able to offer ONE Advisory’s clients local collection in dozens of jurisdictions globally, including the US, Canada, Hong Kong and Australia. This has meant that the investors have been able to invest in the companies in their own currencies and send money locally.
This has substantially improved the investor experience, adding efficiency to this crucially important area of the business. Many publicly listed companies are capital intensive and are required to raise funds on an ongoing basis through various rounds of investments. Having substantially improved this collection mechanism, it has given ONE Advisory’s portfolio the chance to increase their pool of potential investors. All whilst ensuring they maximise the value of investment in sterling terms.
We provide the finance function for a host of publicly listed companies. Because of this we require a provider which can give us flexibility on trading terms and local settlement in as many jurisdictions as possible so we can provide a seamless service to our clients. Garton can provide collection facilities and named accounts in over a dozen locations, meaning we can move funds between accounts and currencies easily and at highly competitive rates.”
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