Website: www.currency-research.com
Currency Research is a federation of global independent Currency Consulting Companies. Each company includes recognized industry experts dedicated to a portion of the total cash cycle with particular industry knowledge, experience and expertise together covering all aspects of the banking and currency industry. Together these professionals bring the critical mass necessary to efficiently handle large, countrywide currency consulting opportunities across the total supply chain.
Currency Research was created to advise and assist with such opportunities by maximizing on our expertise, creativity, and technology. Currency Research offers to provide consulting, concept definition, product design, business expertise and program management and implementation on a contract for fee basis. Currency Research brings a deep wealth of practical experience to every currency consulting situation. Studies recently undertaken include:
- A Worldwide Central Bank study, reflecting the trends in ‘Outsourcing' This study examined both existing and current trends relating to the transfer of note sorting and other currency functions from central banks to the commercial sector. Recommendations were incorporated in this review, and reflected the efficiencies that could be achieved.
- A U.K. assignment recently considered and agreed a ‘Fitness Standard' for notes in circulation, with the Bank of England. The team considered ways of maximizing the cost benefits from the utilization of note sorting equipment in the commercial sector. In a wider context, the worldwide practices and standards were examined and compared.
- Currency Research has also undertaken studies of ‘Country Automation' to establish the cost benefits of integrating many currency related activities into a consolidated or centralized structure.
- Independent Technological and Operational assessment and auditing of cash processing to provide site improvement and quality monitoring data to the industry. Quality assessment can be provided on a structured basis.