by Helen Sanders, Editor
There are few treasury-related articles nowadays that do not stress the importance of liquidity and risk for corporate treasurers. Things have changed, however, since the gritty days of 2008-9, and while treasurers face new challenges, not least in Europe, they have become more savvy, better prepared and more able to prioritise the risk management issues that matter most. In this article, we look at trends and priorities in risk management from two perspectives. We are therefore pleased to welcome Justin Brimfield, EVP, Corporate Development, at treasury and risk management solution vendor Reval, and secondly, Marco Tierno, Head of Group Treasury and Short Term Planning at international airline, Alitalia, winner of the 2011 TMI Award for Treasury Team of the Year.
A new era for managing risk
Justin Brimfield, Reval first summarises the quite different situations in which treasurers found themselves during the global financial crisis,