LGT Capital Partners has completed the initial phase of implementation of Hazeltree’s cash and liquidity management solution.
This phase focused on aggregating and automating LGT’s cash wires activity, which replaces a legacy application. It allows further enhancement of LGT’s fund financial management operations by improving its cash, debt and liquidity management processes.
Daniel Hautle, business architect private markets at LGT Capital Partners, comments: “Working with Hazeltree allows us to consolidate our payment processes onto one platform, adding to the industrialisation of operations.
“Hazeltree’s solution further improves our operational efficiency and controls, and allows for a fast aggregation of data by combining various systems. Completing this initial implementation phase marks a significant operational milestone for us.”
Jeremy Slade, managing director, EMEA, APJ and head of international at Hazeltree, adds: “The platform allows LGT Capital Partners to consolidate processes and improve the speed and efficiency of its operations. We find that our clients not only benefit short term from the aggregation of data and the resulting improvements in efficient and robust execution, but also they have set the stage for further optimising and automation down the road.”
Hazeltree is a provider of integrated treasury and liquidity management solutions for the investment management industry, with offices in New York, London and Hong Kong.
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