Improving T-bill Access: How Jiko Makes the Deployment of Corporate Cash Into T-Bills Simple and Transparent

Treasury bills are a foundational component of the US financial system, yet, purchasing T-bills directly from a broker can be a cumbersome and costly task even for established treasury teams. Jiko addresses this burden by offering a smarter way to manage corporate cash; providing transparent pricing, automatic reinvestment, and effortless management. By leveraging Jiko’s innovative platform, treasurers can streamline access to T-bills, minimize hassle, and maximize their returns.

T-bills should not only be considered cash equivalent for accounting purposes. They should actually feel like cash. Here’s a closer look at how Jiko solves the pain points around T-bills to give treasurers a seamless, simple, and transparent way to manage corporate cash with T-bills.

Price Transparency

When treasurers buy securities like stocks or T-bills, they often pay an undisclosed spread above the market price, which can reduce returns and is difficult to quantify due to the lack of transparency in bond pricing and trade markups.

At Jiko, we pride ourselves on our competitive executions. Corporate users can see the yield they’ll receive on a purchase in our dashboard before they buy, enabling informed decision-making. This transparency ensures that investors are not overpaying for their securities and can confidently make purchases knowing they are getting a fair price.

Immediate Reinvestment at Maturity

The opportunity cost of idle cash can erode the overall performance of corporate cash positions. Jiko automatically rolls client T-bills at maturity and uses the proceeds from the matured T-bill to purchase a new one. This automation helps ensure that corporate cash stays invested and continually generates returns. By reducing the amount of time funds are uninvested, treasurers can maximize their earning potential and avoid the pitfalls of having uninvested cash sitting for long periods. This seamless reinvestment process eliminates the manual effort and time typically required to log in and trade multiple times per week.

Automated Trading and Liquidation

Trading can also be time-consuming: depending on a treasury team’s level of system integration, each T-bill trade may require entries into a custody system, general ledger, TRACE reporting, or other downstream consumers. Additionally, when it's time to access corporate cash by liquidating T-bills, deciding which T-bills to sell and executing at the market price adds another layer of complexity.

Jiko automates all of the manual work involved in the T-bill investment process, making T-bill investing and withdrawal as simple as wiring funds in and out. Jiko facilitates the investing and liquidation, allowing Treasurers to focus on what matters most. Jiko’s platform simplifies the entire investment process, from purchasing to selling, ensuring that treasurers can use T-bills to manage corporate cash with ease and efficiency. By automating these tasks, Jiko helps save time and reduces the risk of errors associated with manual processing.

Simplicity and Transparency in Treasury

Jiko redefines how corporate treasurers access and manage T-bills, turning a traditionally complex process into one that is seamless, transparent, and automated. With features like clear pricing, automatic reinvestment, and effortless trading, Jiko empowers treasurers to maximize returns while minimizing effort, ensuring corporate cash works as efficiently as possible.