What TreasurySpring actually does
Every corporate treasurer knows the quiet problem: millions of dollars sitting in a single bank account, earning little and exposed to one name. For decades, doing anything smarter meant a fragmented ordeal - separate paperwork, separate know-your-customer checks, and separate legal review for every counterparty a company wanted to invest with.
TreasurySpring, founded in London in 2016 by Kevin Cook, Matthew Longhurst and James Skillen, set out to collapse that friction. Its platform gives institutions a single onboarding process and, behind it, access to a growing catalogue of secure, short-term cash investments spanning governments, banks and corporates.
The mechanism is a product the company calls a Fixed-Term Fund, or FTF - a standardised, regulated single-asset fund that packages exposure to one specific counterparty over a fixed term, anywhere from one week to 13 months. Where an ETF standardised access to equities, an FTF aims to do the same for cash: buy it through one portal, diversify across names, and match maturities to when the money is actually needed.
The approach found its moment. When regional banks wobbled in 2023, cash concentration went from a back-office footnote to a front-page risk - and a platform built to diversify short-term cash suddenly looked less like convenience and more like insurance.
Over the last several years we have built the infrastructure to provide best-in-class treasury investment capabilities to all businesses, no matter their size, sector or currency preference.