Project Overview
- Definition and implementation of a new treasury system architecture against the backdrop of IXM leaving the Louis Dreyfus Company group and becoming a standalone organization
Objectives
- Ensure continued relevant functionality after the demerger
- Define a sustainable, flexible and streamlined target operating model for the group’s treasury function across the world
- Ensure smooth, timely implementation of the new model
Results
- Increased visibility and better internal understanding of critical aspects of the treasury’s organization, processes and systems
- Market practices benchmark
- Optimal FX platform and TMS selection
- Implementation based on IXM’s specific situation and requirements
- Improved internal resource management given Redbridge’s project manager role
Methodology
- Redbridge adopted a methodology that was tailor-made for IXM:
- Assess the existing organization’s processes and systems, their gaps and any future needs
- Formalize the strategy for the new treasury function together with the management team
- Design the target operating model
- Define the implementation roadmap for the selected target architecture
- Manage the RFI / RFP and implementation processes for the selected systems
Value Added by Redbridge
- Independent, unbiased assessment of the existing organizations, adopting a forward-looking approach to go beyond legacy structures
- Global treasury best-practice benchmarking
- Broad knowledge of treasury management system market and vendors
- In-depth expertise in treasury functions, enabling Redbridge to address all aspects of the activity and summarize the key decisions to be made by the management team
- Dedicated resources for project management