New Senior Cash Manager and enhanced solutions for Barclays cash management service

| July 2, 2014 | 0 Comments
Samuel Johnson

Barclays Wealth and Investment Management has strengthened its cash management service by appointing a specialist Cash Manager and introducing a number of enhancements to its proposition.

Sam Johnson has joined the Barclays Wealth and Investment Management team as a Senior Cash Manager with responsibility for Jersey, Guernsey and the Isle of Man.

Sam has nine years’ banking experience in a variety of cash management roles working predominantly with clients within Professional Practices, Financial Institutions and Non-Bank Financial Institution sectors.

Sam joined Barclays Wealth and Investment Management in London in late 2011 and in his new role will continue to apply his consultative approach to providing cash management solutions. He has recently undertaken his International Cash Management exams with the Association of Corporate Treasurers.

Barclays has also introduced a number of enhancements to its cash management service increasing the support it can offer to business clients and making the way they conduct their transactional banking more efficient.

The new enhancements include improvements to online payment authorisation processes and the introduction of an online file converter tool providing clients with increased flexibility when needing to make a large number of payments.

Barclays Wealth and Investment Management has also introduced further online banking capability as well as adding a Host to Host solution alongside its existing SWIFT connectivity service. This single gateway to Barclays allows clients to make payments in a single secure file. It also allows clients to receive transactional data from Barclays and from other banks using standardised messaging which means the information sent no longer needs to be precisely tailored. This flexibility makes it easier for businesses to submit payments and provides them with a single channel for reporting client data meaning less time and effort is needed.

The new solutions support the growing demand of clients who are looking to drive efficiencies in the way they receive money, manage transactions, optimise liquidity and make payments.

“Addressing operational efficiency is high on the priority list for many businesses however this can be difficult to achieve with cash management processes, due to the number of financial transactions and the number of different stages in the processing cycle.” said Mr Johnson.

“Our enhanced service can support our client base in taking complete control of the flow of money through their organisations. This has a number of benefits for clients including peace of mind knowing that all transactions are being managed accurately and efficiently and ensuring that processes are more aligned with the strategic goals of the business.”

Stuart Nelson, Head of Corporate and Intermediary Banking for Barclays in the Isle of Man, said: “We’re pleased to be able to offer our corporate and intermediary clients access to experienced cash management specialists like Sam to discuss their needs with.

“Making sure our products and services support our clients in achieving their aims and objectives is extremely important so I hope the enhancements to the cash management offering are welcomed by our local corporate and intermediary clients.”

Tags: , , ,

Category: Appointments

SEE OUR LATEST OFFSHORE JOBS: All Offshore Jobs | Isle of Man Jobs | Jersey Jobs | Guernsey Jobs

Leave a Reply

%d bloggers like this: