ZEE Entertainment Enterprises substantial annual growth required the support of an efficient, automated treasury function. A bespoke end-to-end cash management solution provided by BNP Paribas has achieved accelerated capability around digitisation and sustainability.
Ingram Micro was looking to set up a global notional cash pool that would give treasury the flexibility to move funds between entities without intercompany loans. The answer came in the form of an innovative - and now award-winning - global overlay structure from Bank Mendes Gans.
With over $150m flowing into Ingram Micro subsidiaries across the world on a daily basis, having centralised visibility and control over that cash is a must. A global notional cash pool allows the company the flexibility to move cash swiftly between different legal entities - and without cumbersome intercompany loans.
Working closely with HSBC’s Global Liquidity & Cash Management (GLCM) team, TfL introduced HSBC’s Beneficiary Self-Management solution early in 2018. This solution is designed to speed up repayments and avoid the inefficiencies of making one-off, low value Oyster card refunds. We find out how TfL implemented it in order to enable better decisions and improve quality of life.
By participating in a pilot project across BNP Paribas' international network, FAAC has now created a global, fully automated and harmonised, end-to-end liquidity structure that will grow with the group as it continues to expand.