Goodbye, Excel: Automating Bank Guarantees at Arup

A frequent user of bank guarantees to support its business, the treasury function at Arup was frustrated by using Excel spreadsheets for the application, maintenance and reporting of guarantees. Automating the process through a module from Trezone was the key to greater efficiency – and to reinforcing Group Treasury’s reputation as a proactive centre of […]

A Flagship Project to Unlock RMB Onshore Liquidity

A Flagship Project to Unlock RMB Onshore Liquidity by Richard Abigail, Group Treasurer, Arup In December 2014, global consulting and engineering company Arup, supported by partner bank HSBC, became the first corporation outside of the Shanghai Free Trade Zone (SFTZ) to perform an automated, cross-border RMB sweep between Shanghai and London. This landmark transaction has […]