As US pension funds face increasing risks with uncertain market returns and changing demographics, the California Public Employees’ Retirement System developed the Treasury Management Program to mitigate uncertainty and provide relief to liquidity challenges.
Aalberts has to combine information from 250 global locations and 600 bank accounts. The virtual network bank approach allows them to organise information so that central treasury has access to all accounts and can manage accounts for local entities without taking over local payments operations.
Treasurers are constantly challenged to be more efficient and innovative in driving forward the treasury strategies that are aligned with the underlying business, supporting working capital goals and embracing new technologies. But how best for companies to thrive in this age of disruption?
Highly respected corporate treasury leader Mark Kirkland discusses his career, which spans a variety of industries and organisations, and gives an interesting perspective on the diverse roles that treasury functions fulfil, as well as how treasurers can build their careers.
While much of digital innovation is directed at large corporates, small and medium-sized enterprises also stand to benefit considerably from digital solutions – and can play an important role in driving adoption.
A recent HSBC study revealed some interesting trends amongst technology, media and telecom (TMT) corporations that are relevant both for companies within the sector, but also a wider group of corporate participants who demonstrate similar characteristics in liquidity and investment management.