Timeout With Leaders: Celebrating Employees

Timeout With Leaders: Celebrating Employees

Our co-founder and CEO, Joe Rulison, was invited to speak with two of Rochester’s rising stars, Kevyn Rustici and Tyler White, for their podcast “Timeout With Leaders.” During this presentation, Joe shared something only those closest to him were aware of when he began building three+one nationwide with his partner, Peter Forsgren. In the course of the interview, we learned everything from Joe’s favorite superhero to how his puppy became famous overnight: “Eddie the River Golden Doodle.”

You won’t want to miss this. You’ll learn more about Joe and why we’re so proud of our CEO and his incredible journey!

 

three+oneⓇ Completes Inaugural BNY Mellon Accelerator Program

three+oneⓇ Completes Inaugural BNY Mellon Accelerator Program

In March of 2021, three+one was selected to participate in the inaugural BNY Mellon Accelerator Program. Six proof of concepts (POCs) were developed to demonstrate the emerging technology three+one has brought to the public-entity and higher-education marketplace since 2014.

The POC engaged public entities, higher-education institutions, and non-profit organizations from around the United States to illustrate the impact of cashvest®, three+one’s analytics tool, and liquidity-optimization process.  The Accelerator Program’s POC deliverables aimed to (1) confirm three+one’s technical capabilities, (2) validate the applicability of the solution, and (3) ideate future cashvest data solutions.

three+one BNY Mellon Accelerator 2021In collaboration with BNY Mellon’s Singapore Innovation Center, three+one was provided access to the institution’s Venture Capital Advisory Board, industry leaders in financial technology, and Fintech collaborators servicing the current global financial ecosystem.

On September 15, 2021, three+one successfully completed the program. Over the six months on the Accelerator Program, three+one deployed a new internal-data-ingestion/client-servicing platform; broadened its technology applicability through the POCs; enhanced its branding efforts; developed its first Client Advisory Focus Group; and expanded its Rochester-based team. three+one BNY Mellon Accelerator 2021

Joe Rulison, three+one’s CEO and Co-Founder, said, “It’s incredible to witness our Rochester-based firm, founded in 2014, collaborating with the oldest financial provider in the U.S. to demonstrate how our technology can further impact communities across the country. We want to thank BNY Mellon for the opportunity to learn and expand our network.”

Declan Denehan, Managing Director for BNY Mellon, said, “as an inaugural participant in the recently launched Accelerator Program, three+one’s liquidity data engine highlighted opportunities for our proof-of-concept participants to better understand their liquidity needs. It was great to witness how much effort their team puts into implementing our mentorship throughout the program. The three+one leadership team has a collaborative spirit, as well as a passion for ensuring their clients’ needs were met.

Currently, three+one is in discovery for its client-facing cashvest portal, scheduled to deploy in 2022. This tool will bring operational efficiencies to liquidity management nationwide.  Serving 27 counties in New York State alone, three+one also has a dozen state association partnerships, from as far as Hawaii to as close as New Jersey—all of these in connection with the National Association of Counties. Notably, NACo has recently recommended three+one’s cashvest program as a best practice for public entities.

ARP Funds: Allowable Uses Part 1

ARP Funds: Allowable Uses Part 1

With the infusion of ARP money into your entity’s finances, it is vital that the rules, and more importantly, the allowable uses of those funds are made clear so that you and your public entity can maximize the value of every single dollar.

View Part 1 of our resource video on those allowable uses today, as we prepare to issue Part 2 with additional information.

 

The video chapters within this resource have been provided for ease of finding the right guidance on the right topic.

  • Chapter 1: Allowed Use #1: Public Health Expenses
  • Chapter 2: Allowed Use #2: Negative Economic Impacts
  • Chapter 3: Allowed Use #3: Revenue Loss
  • Chapter 4: ARP Pool Benchmark Calculation
  • Chapter 5: Exceptions to Allowed Use #3
  • Chapter 6: three+one Is An Allowable Use

 

2021 cashvest® National Leadership Award

2021 cashvest® National Leadership Award

It is our pleasure to announce that Beaufort County, SC Treasurer Maria Walls, CPA, has been chosen as the 2021 recipient of the cashvest® National Leadership Award.

This prestigious award acknowledges the leadership that Maria has demonstrated, both statewide and nationally, in establishing and practicing the highest possible standards of financial governance and liquidity management.

Maria Walls cashvest three+one Leadership Award

Pictured: Joe Rulison, CEO, and Co-Founder of three+one®; Bill Jasien, Executive Chairman of NACo-FSC; and award recipient Maria Walls.

Maria is a leading advocate for the implementation of best practices in both identifying and managing all cash as a revenue-generating asset. Maria’s implementation of liquidity and treasury data has made her a national leader in the area of cash management. Some examples of her accomplishments are:

Harnessing the power of three+one®’s rfpPrep® software; she issued an RFP for banking services. The digital evaluation of respondents helped her identify which financial partner was best for the taxpayers. Her role in executing the RFP process led to saving hundreds of thousands of taxpayer dollars and adding new efficiencies to the County’s financial portfolio.

– Maria leveraged the liquidity data resources of stress testing, forward forecasting, and market benchmarking to maximize the value of every single dollar.

– She used cashvest technology to certify—as an independent third party—that Beaufort County’s performance over the previous nine consecutive quarters placed it in the top 10% of counties nationwide.

The results Maria has achieved on behalf of the taxpayers in Beaufort County have been truly amazing, resulting in more than $15 million in new revenues, combined with significant cost savings for her county.

In addition to earning the 2021 cashvest National Leadership Award, Maria’s efforts enabled Beaufort County to qualify for the elite cashvest 90+ club for the second year in a row, in recognition of its exceptional work in liquidity management. Treasurer Walls has had 9 consecutive quarters with a cashvest Score above 90.

Maria, congratulations on having earned this distinguished 2021 cashvest award.