Andy Gage, FiREapps, discusses how developing an effective currency risk management committee, by gathering departments from across a business, can ensure a robust FX programme - whilst also strengthening inter-department relationships between stakeholders.
SWIFT has recently launched a new initiative aimed at detecting whether users of the SWIFT network are compliant with basic security controls. On paper, this looks like a sound initiative but is it a good idea in practice? François Masquelier looks at how this will affect corporates.
Managing risk is a priority for treasurers, but methods are changing. Market volatility and sensitivity to global political events, along with new technology and disruptive business models continue to impact business strategy and external market trends.
Closer collaboration across multiple functions should improve the information flowing to the treasurer and CFO, and enable them to better communicate financial performance to investors in a way that helps them understand the risks a company faces.