Cash & Liquidity Management
Published  3 MIN READ
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Innovation for Change

by Lars Millberg, Head, Global Transaction Services Corporate, SEB Merchant Banking

The sands of the financial landscape continue to shift, and treasurers must continue to manage risk and liquidity, and maximise financial and operational efficiency within this changing environment. A strong relationship between the treasurer and his banks has never been more important, both to make sense of this often confusing picture, and ascertain the best way of achieving the company’s financial objectives. As Jesper Ahrgren and Robert Pehrson outline in the article that follows, no longer can banks focus on lending and payments processing alone. Instead, their customers are relying on them to find more integrated, efficient and cost-effective means of delivering the products and services they need, taking into account the entire scope of the relationship and the full range of financial processes.

The importance of innovation, and what this means in practice, is the topic of this special SEB Guide, to reflect the shifting dynamics of the corporate-to-bank relationship. But is innovation important? Innovation for its own sake has little value if a new way of doing something delivers no greater value than its predecessor. However, in an intensely competitive environment, with our clients constantly seeking to lower their costs, accelerate and automate processes, and exploit new commercial opportunities for growth, innovation is essential to create competitive advantage and address today’s and tomorrow’s challenges.

SEB is pioneering the banking industry in leveraging new technology, methodologies, approaches and solutions to support a changing financial landscape. This commitment to innovation impacts every aspect of our business, from the way that we interact with our customers to the design and delivery of solutions. For example, as Patrik Havander and Håkan Aldrin illustrate, leveraging social media is just one of the ways that we are facilitating information, interaction and service delivery to our clients. Erik Zingmark considers innovation from another angle, looking at the way in which bank partnerships, the success of which is critical to achieving a company’s global financial objectives, will be conducted in the future.

SEB is pioneering the banking industry in leveraging new technology, methodoligies, approaches and solutions to support a changing financial landscape.