Stretto Expands Treasury and Cash Management Services to Broader Client Base
Stretto, a market-leading provider of depository solutions for fiduciaries, has expanded its treasury and cash-management services to serve a broader range of entities across industries such as real estate, healthcare, utilities, consumer discretionary, industrials, and non-profit organizations. The enhanced services leverage a network of FDIC-insured banks and include white-glove support, competitive rates, and full liquidity.
IRVINE, Calif. — Stretto, a market-leading provider of depository solutions for fiduciaries, has broadened its treasury and cash-management services to serve a wider array of entities across diverse industries, including real estate, healthcare, utilities, consumer discretionary, industrials, and non-profit organizations. The expanded service line leverages white-glove support to tailor banking solutions for companies of all types, utilizing a network of FDIC-insured banks.
“Stretto has a proven track record in providing depository solutions for companies undergoing corporate restructuring and understands the critical requirements for a company’s bank partners: competitive rates, rapid account activation, easy access to funds, and – most important – bank security,” said Fred Brown, senior managing director at Stretto. “We look forward to expanding our treasury and cash-management services across a broader range of entities and organizations.”
Clients using Stretto Treasury & Cash Management Services gain access to an extensive banking network, competitive interest rates, and discounted activity fees and maintenance costs. Notably, Stretto’s partner banks do not impose any term requirements on deposits, ensuring clients maintain full liquidity.
Stretto’s team of banking experts assists clients with operational needs and establishes customized workflows to implement best practices for managing multiple accounts effectively. The company’s in-house banking-support professionals possess specialized funds-management expertise. Each client is assigned a dedicated financial expert who provides in-depth knowledge of rules and requirements for wealth managers and identifies the optimal cash-investment solution based on the client’s objectives and risk appetite.
To support client needs, Stretto utilizes its proprietary platform, financial hub, where clients can view consolidated account balances and transaction activity across all banks where they hold funds. The financial hub enables clients to perform essential tasks such as initiating wire transfers and accessing up-to-date account summaries.
For more information about Stretto's treasury and cash management services, visit https://www.stretto.com/services/treasury-cash-management.
About Stretto
Stretto delivers a full spectrum of technology tools, case-management services, and depository solutions to fiduciaries. Offering a comprehensive suite of corporate-restructuring and consumer-bankruptcy capabilities along with multi-faceted deposit and disbursement services, Stretto provides an unparalleled portfolio of solutions under the executive leadership of industry veterans Eric Kurtzman and Jonathan Carson. At the center of the bankruptcy ecosystem, Stretto leverages deep-industry expertise and market insights to facilitate every aspect of case and cash management for its corporate-restructuring and consumer-bankruptcy clients, as well as fiduciaries and other industry professionals. For more information about Stretto, visit www.stretto.com.
