Case Study: Whitbread Group PLC achieves streamlined, lower-risk liquidity and investment management with ION

Whitbread chooses Mosaic to manage its investments

Whitbread Group PLC, owner of Premier Inn and a large hospitality operation, faced a highly manual and fragmented liquidity process: telephone trading with multiple money market fund providers, manual rebooking into its treasury management system, a lean treasury team, and increased volatility and remote working during the pandemic. To automate investment workflows, improve controls and connectivity, Whitbread adopted Goldman Sachs Asset Management’s Mosaic platform and integrated it with its treasury management system through vendor ION (ION Treasury / Reval), including single sign‑on access.

ION implemented the integration so Mosaic could trade, settle and report directly into Whitbread’s TMS, giving a single, auditable platform for money market fund activity. The ION-enabled solution cut operational risk and workload, reduced trade fails, delivered timely, standardised confirmations and real-time visibility of balances and investments, and scaled to handle large flows (for example supporting a £550m green bond movement), improving governance and day‑to‑day liquidity management.

Whitbread Group PLC

Stuart Fitzsimmons

Treasury Manager