by Pierre Fersztand, Global Head of Cash Management, BNP Paribas
“In this new world order and disorder, it is important to distinguish between the trend and the trendy. The former has real, long-term implications that affect the fundamentals of the way that we live and work; the latter may be glamorous and rapidly-moving, but is less important to our society. Over the past few years, it has become increasingly difficult to distinguish between the two.”
- Dr Dominique Moïsi, co-founder and senior advisor to the Institut Français des Relations Internationales (IFRI), Pierre Keller Visiting Professor at Harvard University and visiting professor King’s College London, speaking at BNP Paribas’ 7th Cash Management University
Navigating the complexities of a global marketplace demands a renewed cash management approach in order to create long-term value. Corporations of all sizes need creative cash and liquidity strategies to support their strategic development, comply with regulations across the countries in which they do business and take advantage of evolving opportunities. Whatever the nature of their business, treasurers are looking to optimise the potential that SEPA offers in the Eurozone, anticipate and leverage RMB liberalisation, accelerate secure international payments and automate their reconciliation process. Clients expect higher levels of security and convenience in the way that information and transactions are exchanged with their banks than ever before, which continue to be pivotal to