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Improving Returns from Cross-Border Cash Balances, TMI Magazine, TMI 180
Expectations of treasury functions are evolving and expanding. Treasury teams are being asked to go beyond traditional tasks, and take a more active role in driving and supporting business strategy. It is in recognition of this, HSBC Global Cash and Liquidity Management commissioned a survey to explore the extent of change treasury teams expect in the near future, as well as the technology, techniques, and team talent they believe will be transformative.
In a rapidly evolving business environment, while it is critical to focus on immediate challenges – from liquidity issues to increased cyber risk – it is also vital to think about ways to make treasury more robust in the future.
Without a crystal ball, it is difficult to predict which path the economic recovery will take. How can treasurers take action to avoid uncertainty and ensure their cash management and investment strategies are fit-for-purpose in the new operating environment?
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