Case Study: Easa Saleh Al Gurg Group achieves real-time consolidated cash visibility and cost savings with FIS Quantum

Award-Winning Treasury Transformation Underpinned by Technology

Easa Saleh Al Gurg Group (ESAG), a UAE conglomerate of 23 companies operating more than 250 accounts across 11 banking relationships, lacked a consolidated view of daily cash and was incurring high intercompany transaction costs. To centralise cash pools, standardise treasury practices and create a Group Treasury and In‑House‑Bank, ESAG selected FIS and its Treasury Management System, Quantum (with MarketMap market data).

FIS implemented Quantum as the TMS and enabled an IHB model (the first in the GCC for ESAG), consolidating bank balances and routing live market data through FIS’ MarketMap for same‑day FX entry, confirmation and matching. Operational changes — MT940 feeds uploaded via secure FTP by 10am and entity positions reported within 30 minutes, a Payment Factory launched in January 2012 — delivered clear, real‑time group cash visibility, lower transaction costs, improved working capital allocation and stronger liquidity enabling ESAG to operate independently of external financing.

Easa Saleh Al Gurg Group

Werner Flaig

Group Chief Financial Officer