Case Study: Whitbread achieves streamlined, lower-risk liquidity investing with Goldman Sachs Asset Management’s Mosaic and ION Treasury

Whitbread chooses Mosaic to manage its investments

Whitbread Group PLC, a major UK hospitality company, faced a highly manual and inefficient process for managing its money market fund investments across multiple providers. This system, which relied on telephone trading and manual rebooking into its treasury management system, created significant operational risk. The lean treasury team sought to automate this process, increase controls, and integrate systems, a need that became more urgent with the shift to remote work during the pandemic. Whitbread chose to partner with vendor ION Treasury to address this challenge.

The solution implemented was the Goldman Sachs Asset Management Mosaic platform, integrated with ION Treasury’s Reval, to create a single, automated system for trading and managing liquidity. This integration delivered a reduction in operational risks and workload, a decrease in trade fails, and provided greater visibility and control. The new system proved critical for efficiently handling significant transactions and provided the scalability to support future growth, successfully modernizing Whitbread's investment process through its partnership with ION Treasury.

Whitbread Group PLC

Stuart Fitzsimmons

Treasury Manager