Understanding Carry Trades and How They Can Be Used: A Guide for CFOs and Treasurers
Understanding the intricacies of various financial strategies is paramount for CFOs and treasurers. One such strategy is the carry trade, a concept that can significantly impact corporate finances and investment portfolios. Why carry trades matter today Interest rate differentials have been relatively subdued since mid-2023 following a period of significant tightening by central banks globally. […]
FX Global Code of Conduct FAQs
The Global FX Code of Conduct is a comprehensive set of principles and guidelines designed to promote a robust, fair, liquid, open, and appropriately transparent foreign exchange (FX) market. Developed through a collaborative effort among central banks and market participants, it aims to enhance integrity and effective functioning of the FX market. The FX Code […]
ACT Conference Recap on the FX Global Code
At the recent ACT conference held in Liverpool on 21-22 May, I had the pleasure of participating in a panel session focused on embracing best practice through codes of conduct. For those who couldn’t make the session, or the conference, here is my quick recap, focusing on the FX Global Code of Conduct. Fostering transparency […]
The Power to Change
Drax is driving its sustainability response to the next level with an innovative multi-asset derivative model Sustainability is central to the business of power generator Drax Group. With the ambition to become a carbon-negative company by 2030, the treasury team at Drax is never one to shy away from innovative thinking. Having successfully executed a […]
My Life in Treasury: Lisa Dukes
You have to be bulletproof to succeed in treasury, as well as being not only a Jack of all trades but a master of them all, according to Lisa Dukes. But if you can view your department as a balloon rather than a ladder, your roles will expand according to your knowledge and experience, and […]
Through the Portal: Opening the Door to Process Efficiencies at Drax
Drax’s Treasury and Corporate Finance team needed a new money market fund (MMF) portal solution to improve their control environment, streamline their workflow and automate their manual processes. Here, Lisa Dukes, Deputy Group Treasurer, Drax, outlines the benefits of choosing and implementing ICD Portal, and shares key learnings from this Award-winning technology journey. Aiming to […]
Changing the Rules: Redefining MMF Workflows at Drax
Turn the clock back to 2018 and manually transferring money market fund trade data between systems was taking up too much of Drax’s treasury team’s valuable time. Fast forward to today and straight-through processing of data has been achieved thanks to an exemplary implementation of ICD Portal, worthy of TMI’s 2019 Corporate Recognition Award for […]