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ONE receives TMI award for 'Best Digital Treasury Project'

OCEAN Network Express (ONE) has clinched the accolade for the 'Best Digital Treasury Project' at the Treasury Management International (TMI) Awards for Innovation and Excellence in London

12 February 2020 - 19:00

OCEAN Network Express (ONE) has clinched the accolade for the 'Best Digital Treasury Project' at the Treasury Management International (TMI) Awards for Innovation and Excellence in London.

The Japanese shipping trio was awarded the 'Best Digital Project' title not only for their transformation of three individual treasury departments into a single structure within just nine months, but also for ONE's determination to deploy the latest technologies.



This included implementing HSBC's Liquidity Management Portal and embracing robotic process automation (RPA) which displays global cash positions in a timely manner and incorporates HSBC's auto-sweep in the same currencies, successfully enabling ONE to reduce their cash balance in each currency by 80 per cent.



This project, conducted in collaboration with HSBC's Global Liquidity and Cash Management Business, has enabled ONE to navigate cash management challenges, regulatory requirements, and technological hurdles that the company faces in 44 markets.


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