When it comes to cash, ATI Systems (doing business as Garda Cash Logistics) can count it, transport it, and deposit it in the bank. The company is a leading provider of secure cash transportation, offering armored vehicles and cash management services, as well as ATM services and cash vault services for major banks, credit unions, retailers, restaurants, and other businesses in need of secure transportation pickup and delivery. The company also sells, installs, and maintains a range of safes, change dispensers, and locks. Garda Cash Logistics has a national presence in the US and is particularly strong in eastern Canada. The company is a subsidiary of Garda World Security.
Garda Cash Logistics' fleet comprises some 2,800 armored vehicles and 173 cargo aircraft. Working in conjunction with its parent company, the company also operates a network of cash vaults and cash processing and transaction centers throughout the US and Canada. The company stands to benefit from the growing trend of financial institutions outsourcing cash management and logistics operations.
In 2009 Garda divesed its core CashLINK products and services business, which manufactured smart-safe units used mainly by its retail and restaurant clients. The company discontinued the product because of the high costs associated with its development and technology upgrades, as well as the installation and servicing of thousands of units deployed throughout the US. – less