June 2012 6 Min Read
Managing Risk, Leveraging Opportunity by Frank Kutschera, Head of Cash Management Corporates for UK, Ireland and Scandinavia, Global Transaction Banking Division, Deutsche Bank While commentators tend to refer to the global financial crisis as a specific...
April 2012 10 Min Read
Managing Risk in a New Environment by Helen Sanders, Editor There are few treasury-related articles nowadays that do not stress the importance of liquidity and risk for corporate treasurers. Things have changed, however, since the gritty days of 2008-9, and while...
March 2012 5 Min Read
On the Road to Treasury Transformation: How Far Have We Travelled? by Jiro Okochi, Chief Executive Officer and Co-Founder, Reval It’s now been three years since once mighty companies tumbled without cash, credit or liquidity. Today, a company should no...
March 2012 8 Min Read
VaR and CFaR: Two Ways of Measuring Risk in the Corporate World by Bardia Nadjmabadi, Consultant for Financial risk management, KPMG The risk measure Value-at-Risk (VaR) was designed to measure market risk for use in financial institutions. It can be regarded as a...
March 2012 9 Min Read
Best Practice Risk Management: Evolving with CFaR A Q&A with Ford’s Dennis A. Tosh As a complex, multinational business, risk management is an essential discipline at Ford, particularly with the significant commodity and FX exposures that go along with...
March 2012 5 Min Read
Implementing an Earnings at Risk Transformation by Pat Ryder, Director, Financial Risk Management, Eastman Chemical Company Founded in 1920, Eastman Chemical Company is a global chemical company that manufactures and markets a broad portfolio of chemicals, fibres and...
March 2012 8 Min Read
Getting the House in Order Revisiting Treasury Risk Management Policies by Karlien Porré, Director and James Adams, Senior Manager, Treasury Advisory, Deloitte LLP With companies facing volatile currency markets and increased risk aversion, many corporate treasurers...
January 2012 4 Min Read
The Risks of Having Too Much Cash by Jason Torgler, Vice President, Strategy, Reval Companies all around the world are awash with cash. According to the US Federal Reserve, American corporations held a record $2.05tr in cash as of mid-2011 [1]. At the end of last year...
November 2011 3 Min Read
Mitigating Risk at Transport for London by Michael Blake, Group Treasury – Corporate Finance, Transport for London The treasury department at Transport for London (TfL) consists of a team of ten people working under the Group Treasurer. It is a fully centralised...
October 2011 4 Min Read
The Credit Spectrum by Dave Williams, Managing Director, S&P Capital IQ Looking at credit risk through a variety of measures provides a more holistic view of credit worthiness than is common in traditional cash management and corporate treasurer practice. Taken...
June 2011 9 Min Read
A Statistical Approach to Receivables Risk by Helen Sanders, Editor The evolution in the role of treasury is a perennial feature in industry conference programmes and seminars. For a number of years now, we have seen a gradual expansion of treasurers’ responsibility...
June 2011 7 Min Read
FX hedging is a fundamental element of every treasurer’s role, with the potential for large swings in financial results if hedging is absent or insufficient. Defining the right hedging policy for the business is essential, taking into account stakeholders’ risk...
