by Timothy Merrell, Co-Head, FX4Cash, Global Transaction Banking, Deutsche Bank
Several enhancements to Deutsche Bank’s FX4Cash platform have broadened its functionality and increased its utility to corporate clients, says Timothy Merrell, Co-Head of FX4Cash at Deutsche Bank’s Global Transaction Banking.
In the aftermath of the recent turmoil in the financial markets and the global economy, the focus for many corporate treasurers is very much on enhancing liquidity management and improving working capital efficiency. Indeed, should concerns surrounding funding and access to credit markets return, these will be crucial factors in determining how well corporates perform.
One area where many corporates can make significant improvements with relatively little effort or expense is in the management of cross-currency payments.