Case Study: Prudential Corporation Asia boosts cash returns and treasury control with ION Treasury

How This Insurance and Asset Management Company Increased Automation, and Enhanced Visibility on Their Cash Positions and Risk Exposure

Prudential Corporation Asia, a business unit of Prudential plc, faced the challenge of managing decentralized treasury operations across over ten Asian countries. Their manual, Excel-based processes made it difficult to actively manage cash, liquidity, and counterparty risk in a timely and consistent manner. To address this, they partnered with vendor ION Treasury and implemented its Reval solution, a cloud-based SaaS platform for treasury and risk management.

The solution from ION Treasury standardized best practices and automated workflows, including daily cash visibility via SWIFT and automated liquidity management tools. This implementation released more than 25% of cash to be invested in higher-yielding assets, significantly increasing returns for policyholders and shareholders. Additional benefits included improved controls, automated risk monitoring, and the upskilling of treasury teams.

Prudential Corporation Asia

Richard C. Shaw

Director, Treasury