Whitmill has partnered with Flagstone International to enhance cash management capabilities for our corporate, fund and private clients.

Managing cash effectively is essential for protecting and growing private client assets, optimising fund liquidity and returns and enabling corporates to focus resources on core operations. This partnership provides access to institutional-grade deposit products and FX services that can optimise returns across multiple currencies.

Who Are Flagstone International?

Flagstone International are a Jersey-based fintech company specialising in global cash management, providing simplified access to multi-currency deposits, competitive interest rates and spot FX services. Their platform allows private, corporate and institutional clients to diversify deposits across multiple banks and streamline administrative tasks through a single platform.

How Does It Work?

We manage the complete onboarding process and establish access for clients. Once set up, clients gain immediate access to deposit products from multiple banks. All available options display with real-time interest rates across fixed term, notice and instant access accounts. This allows selection of products based on term length, credit rating and yield.

A single on boarding process unlocks the entire range of partner banks, eliminating repetitive and costly documentation and the need to manage multiple banking relationships.

What Are the Benefits of the Flagstone Platform?

The Flagstone platform delivers tangible advantages for corporate, fund and private clients:

  • Optimised rates – Access 150+ deposit products and rates across the range of investment grade banks on the platform 
  • True diversification – Spread funds across multiple credit institutions without administrative complexity
  • Multi-currency capability – Manage GBP, USD, EUR and other major currencies with seamless FX execution at highly competitive rates
  • Operational efficiency – Single platform, single onboarding, consolidated view across all deposits and FX
  • Deposit security – Flagstone provides the technology layer only.  All client funds are held in segregated trust accounts at the banks available on the Flagstone platform. While Flagstone operates these accounts based on client instructions provided through the platform, client funds remain separate from Flagstone’s own funds at all times.

How Whitmill Can Help

This partnership brings together Flagstone's institutional-grade deposit and FX platform with Whitmill's independent, director-led approach to fiduciary services. Whether managing excess corporate working capital, fund cash flow or private client structure assets, we integrate the platform within your existing structure and support / undertake the cash management activity as appropriate.

To discuss how this partnership can support your structure’s cash management requirements, contact our team.