From money market fund (MMF) reform to new technologies, the way in which treasurers manage liquidity is evolving – or rather, it should be. Here, TMI examines some of the key changes happening in the liquidity landscape across Europe, the US and Asia. Industry experts also outline how corporate treasurers can prepare for these developments, embrace best practice, and future-proof their liquidity management strategy.
There has already been a lot of noise around changes in the liquidity landscape. But given that treasury teams are typically overstretched, not all treasurers have yet had time to think about or plan for the evolving environment. As Jim Fuell, Head of Global Liquidity Sales, International at J.P. Morgan Asset Management notes, “The key factors impacting today’s short-term investment landscape won’t come as much of a surprise to treasurers. They range from European MMF reform to interest rate changes and Brexit. What some companies aren’t necessarily planning for, though, is the possible knock-on effect of these factors – whether directly or indirectly – on their investments.”