Ospreys Rugby today announced details of a new commercial partnership with OSTC Foreign Exchange, part of London based financial services company OSTC Group.
The deal sees OSTC Foreign Exchange confirmed as the official foreign exchange partner of the Ospreys, assisting in the company’s international business transactions.
Established in 1999, OSTC now has 13 international offices employing almost 500 staff in territories as diverse as Canada, Spain, Poland, Portugal and India.
Recent accolades for OSTC include receiving the Ruban D'Honneur at the European Business Awards in June, as one of the top 10 companies in Europe with a turnover of £26m-£150m.
OSTC Group has it largest office in Swansea, employing in excess of 80 staff in the SA1 development, and the OSTC Foreign Exchange logo will feature on the Ospreys jersey in the 2013/14 season.
Yarnie Guthrie, Commercial Manager at the Ospreys, said:
“We are delighted to welcome OSTC Foreign Exchange into our growing family of commercial partners for the new season. They are an international business with a strong presence in Swansea, and we are excited about what we hope will grow to be a long-term relationship.
“Their business model is based on providing a trusted, reliable and transparent service to clients, something which we believe will benefit not only our own business with multiple international financial transactions each season, but also to our existing commercial partners who will also be able to benefit from this new relationship.
“For a prestigious company such as OSTC to invest into Ospreys Rugby is a vote of confidence in the way that we operate off the field, as a forward thinking and innovative business, and this announcement is fantastic news for the organisation.”
Simon Miles, Managing Director, OSTC Foreign Exchange, commented:
"We are very excited about our new partnership with the Ospreys. As one of the most successful teams in European rugby over the past decade they have impressed us greatly with their commercial interest in driving their business and sporting model forward for the next decade.
“They are a team we are very happy to have an association with and one that we hope to see enjoy great success in the coming season. "
OSTC Foreign Exchange, part of OSTC Group, specialises in deliverable Foreign Exchange products and services. Providing a treasury management function to support both corporate and private clients, OSTC Foreign Exchange aims to provide transparent, competitive pricing on all types of international business. From private clients buying a property abroad, to the needs of a corporate client managing their foreign currency exposure created by their business, OSTC Foreign Exchange will provide the service needed to manage the exposure proactively.
For further information on OSTC Foreign Exchange visit their website, www.ostcfx.comPhotographed above to mark the launch of the new partnership are the Ospreys five British & Irish Lions, along with Michael Shirley, Simon Miles and Oliver Roberts from OSTC Foreign Exchange.