Cash & Liquidity Management
Published  3 MIN READ
Please note: this article is over 16 years old. If you feel this article is inaccurate or contains errors get in touch here . Many thanks, TMI

Listening to Corporate Treasurers

by Marilyn Spearing, Head of Trade Finance and Cash Management Corporates, Global Transaction Banking, Deutsche Bank and SWIFT Board Director and Chair of Corporate Access Group

What are the major themes that are of importance to today’s corporate treasurers? Now that we have concluded the main 2007 corporate treasury conferences in Europe and the US, we can identify which topics are currently of greatest interest to corporate treasurers.

Starting with the EuroFinance conference in mid-September, it was clear that corporate treasurers are viewing the Single Euro Payments Area (SEPA) as a strategic opportunity. In Vienna, I presented a SEPA solution along with Andreas Drabert of European Aeronautic Defence and Space Company and the audience response system recorded a clear vote for SEPA as a strategic, not tactical, issue for them.

Deutsche Bank announced its four-pronged approach to deliver its clients instant financial and business benefits following the January 2008 launch of SEPA:

1) Deutsche Bank’s corporate clients can reap the financial benefits of SEPA beginning Day 1 as a result of the bank’s decision to handle all payments with SEPA criteria in the same way as legacy domestic mass payments, irrespective of format and access channel.