Ben Poole
Editorial Team, Treasury Management International (TMI)
Articles
Act Now!
European Treasurers Urged to Join Consultation as MMF Reform Proposals Threaten LVNAV Viability While treasurers might not feel the impact of MMF reforms in Europe for years, the chance to participate in consultation...
An Inconvenient Truth: SEC MMF Proposals Disappoint as Treasurers Not Compensated for the Risks They Take
Following March 2020’s pandemic-induced liquidity shock, the Securities and Exchange Commission has been examining how to regulate the money market fund (MMF) sector in the US further. Proposals under consideration...
How Etihad Covered all Three ESG Elements in One Sustainability-Linked Financing
Etihad Airways recently raised US$1.2bn in the first sustainability-linked loan in global aviation with terms that relate to all three areas of ESG. Here, Adam Boukadida, Chief Financial Officer, Etihad Aviation Group,...
Unleashing Automation to Unlock Visibility, Control, and Efficiency in Liquidity Management
By ditching a web of hundreds of spreadsheets and emails in favour of a TMS, Zurich Insurance has been able to facilitate accurate and insightful cash forecasts as well as enhance payments.
Feeling the Squeeze
Treasury Implications of Inflation’s Extended Run Corporate treasurers are starting to feel the heat in their cash management policies as heightened inflation levels persist. Understanding the driving forces behind...
Taxing Times Ahead: Analysing the OECD’s Two-Pillar Solution
A new Two-Pillar Solution from the OECD aims to address the tax challenges arising from the digitalisation of the economy. Aaron Lee and Joseph Lee from DBS Bank recently joined TMI’s Eleanor Hill in the TreasuryCast...
Scale for Growth: Data as the Cornerstone of Finance Transformation
When a company grows through a merger or acquisition, the finance team can be faced with various legacy systems and conflicting procedures. Kim Estes, Vice President, Accounting, The Knot Worldwide, spoke during a...
How Treasurers Can Navigate Cash Markets in 2022
With central banks simultaneously trying to support economic reopenings post-Covid and manage a surge in inflation, the knock-on effect has been felt in both the short-term investment space and corporate cash...
Account-to-Account Payments Place Treasurers at the Heart of the Digital Payments Revolution
With non-cash payments on the rise, a jump in e-commerce business models, and real-time payment clearance systems increasingly prevalent, innovation is thriving in the retail payments space. A recent TMI webinar...
Brighter Skies Ahead: Treasury Best Practice in a Post-Covid Environment
Treasury best practices have been both forged and accelerated during the pandemic. A recent TMI webinar explored the key themes of the latest Journeys to Treasury report, reflecting on the changing nature of treasury,...
NFTs in Treasury? Establishing Use Cases in Trade Finance and Beyond
The world’s first trade finance-based non-fungible token transaction in 2021 highlights the need for treasurers to understand the technology behind tokenisation and the practical implications that it could have for...
Putting Sustainable Finance to Good Corporate Use
With green financing levels at record highs, corporate treasurers now have access to a source of funding that can play a vital role in supporting their organisations’ sustainable goals. Here, we explain how to...
Levelling Up: How Finance Can Help Bridge the Rural-Urban Digital Divide
The mass move to working from home due to the Covid-19 pandemic has highlighted an existing disparity between rural and urban areas regarding digital connectivity. For the companies that provide digital infrastructures,...
Lost in Transaction: Overcoming Payments Pitfalls
From simple errors to duplicates, fraud, and sanctions violations, there are several areas where payments can go wrong – particularly in the real-time environment. A recent TMI webinar in partnership with Kyriba...
Mind the Gap! Overcoming Obstacles to Short-term ESG Investing
While treasurers have repeatedly shown interest in using ESG-related short-term investment instruments, actual investment levels have yet to match these aspirations. Recent research from ICD explores the gap between...
The Power of Transformation: Issuers and Investors Target ESG for Better Returns and Lower Risks
HSBC’s Sustainable Financing and Investing Survey 2021 captures how the capital markets are increasingly embracing environmental, social, and governance issues. Here, TMI presents some of the key highlights for...
Payments Vision 2025: The Inside Track
Developments such as instant payments, digital currencies, and enriched data services are poised to shake up treasury management. In a recent podcast, TMI spoke to three experts to understand how, by working together,...
Financing a Sustainable Economy Through Corporate/Bank Collaboration
The future will only be prosperous if businesses embed sustainability at their core. Treasury can play a vital role in this approach, tapping into sustainable financing to help firms embrace different operating models...
Embracing Supplier Diversity: Treasury Lessons from Facebook and GSK
By focusing on the diversity and inclusion elements of external relationships within the supply chain, corporates can create additional value and efficiencies. Here, treasurers are being urged to ‘roll up their...
Financing the Transition to a Sustainable and Profitable Future
Transitioning to a more sustainable future requires financing solutions that support both the climate and society-linked goals. For investors, tools that enable them to assess companies on their sustainability...
MMF Reforms Risk Missing the Point
Money market funds are once again in the cross hairs of regulators in the US and Europe following a brief liquidity crunch in March 2020. Sebastian Ramos, Executive Vice President, Global Trading and Products, ICD,...
Excelling at Invoice Financing with Alza
Czech e-commerce firm Alza’s award-nominated invoice financing programme demonstrates that supply chain finance is not purely the preserve of billion-dollar multinationals. By offering financing to all its suppliers,...
The Horizon Challenge: Accelerating the Shift to a Green Economy
The Covid-19 pandemic has brought environmental concerns into sharp focus. Today’s business leaders must factor sustainability into their recovery strategies, and treasurers have an essential role to play in reshaping...
Unpacking Smurfit Kappa’s Ambitious Sustainable Finance Facility
By setting five key performance indicator goals for a recent sustainability-linked revolving credit facility – and requiring success in all of them to gain the maximum margin benefit – Smurfit Kappa’s treasury...
Spotify’s Greatest Hits
Cash Investment Management With a subscription revenue model helping to enhance its cash flow forecasting, Spotify is able to manage a diversified investment portfolio through its treasury team and external asset...
A Great Connection: Telco Treasuries Set a Shining Digital Example
The telecommunications sector has played an instrumental role in supporting organisations with the transformational shift to remote working. It has also helped ensure continued access to digital financial services to...
Tackling the Complexities of IBOR Transition
Time is running out for treasurers to complete their interbank offered rate transition projects with the deadline of December 31 2021 rapidly approaching. A recent TMI webinar with Salmon Software brought together three...
Looking Beyond Traditional Cash Instruments to Increase Yield
The low interest-rate environment had already persisted since the Global Financial Crisis, but in response to the Covid-19 pandemic central banks cut interest rates even further and used non-conventional monetary policy...
Award-winning Sustainable Financing at Royal Avebe
By directly linking clearly defined environmental, social and governance (ESG) targets to the credit margin of its recent refinancing, innovative Dutch potato starch and protein manufacturer Royal Avebe not only...
Maximising Treasury Centralisation with In-house Banking-as-a-Service
With the Covid-19 pandemic augmenting the focus on cash visibility, in-house banks are back in the spotlight. Thanks to cloud technology, support to establish in-house banking is more accessible than ever. This topic...
Beat Deadline Drama by Tackling the LIBOR Transition Today
The end date for LIBOR is just months away. For those treasurers who haven’t acted already, now is the time to identify LIBOR exposures, have a contingency plan for accidental oversights, and understand the different...
How Suitable are Crypto Assets as a Treasury Investment?
Corporates have started putting Bitcoin on the balance sheet. Central banks are pursuing their own digital currencies. The rise of cryptocurrencies is happening at a startling pace and will have a variety of impacts....
Greece is the Word: Setting up a National Treasury Association
The newly established Hellenic Association of Treasurers (HAT) aims to support a vibrant community of Greek treasurers, both at home and abroad. Here, Alexandros Bellos, board member and Co-Founder of HAT, who is also...
Activate Your Liquidity to Manage Treasury Challenges in the New Normal
The Kyriba Global Summit explored how financial technologies can support active treasury management, smarter payments, as well as fraud and risk concerns and active working capital management for corporates. Here are...
As Easy As KYC: SWIFT and Seamless Corporate Banking
Complying with the know your customer (KYC) aspect of bank account opening and management has long been a burden for corporate treasurers. For Pepper Group, early access to SWIFT’s KYC Registry has helped bring a...
A Bounce in Treasury’s Step: The Feelgood Factor of Sustainable Finance
Capitalising on a proven commitment to environmental, social and corporate governance, rubber industry giant Corrie MacColl recently obtained a unique sustainability-linked loan. Ryan Wiener, the company’s Global Head...
Capturing Digital Transformation to Deliver Smarter Treasury in Ireland
Global digital transformation has kickstarted the Fourth Industrial Revolution, also known as Industry 4.0. For corporate treasurers, this represents a complete shift in approach to treasury processes, technology and,...
Navigating Negative Rates
Navigating Negative Rates by Ben Poole, Ben Poole Editorial Services Low or negative yields are commonplace in Europe today, across a range of short-term investment instruments. A well-attended workshop on the first day...
Great Expectations from Bank Account Management
Great Expectations from Bank Account Management by Ben Poole, Ben Poole Editorial Services The quest for end-to-end cash visibility is critical for today’s treasurer. However, without a full view of all bank...
Payments and Collections Factories
Payments and Collections Factories by Ben Poole, Ben Poole Editorial Services A popular workshop on the opening day of BNP Paribas’ 7th Cash Management University looked at best practices in setting up a payments...
Investment Options in a Low Interest Rate Environment
Investment Options in a Low Interest Rate Environment by Ben Poole, Ben Poole Editorial Services One of the well-attended workshops on the second day of the 7th BNP Paribas Cash Management University focused on...
Risk and Reward: Making Your Cash Work Harder
Risk and Reward: Making Your Cash Work Harder by Ben Poole, Editorial Consultant, Ben Poole Editorial Services During the Cash Management University programme organised by BNP Paribas smaller workshop sessions allowed...
Focus on Bank Account Management
A workshop during the Cash Management University organised by BNP Paribas examined how to optimise bank account management. This included two case studies from treasurers whose departments are at different stages of...
