December 2018 7 Min Read
The Corporate View: Tackling the Cybersecurity Threat Security and fraud prevention have always been vital corporate responsibilities, and central to treasury’s remit. However, the immediacy of these risks, and the potential damage, is growing. As...
November 2018 5 Min Read
“My hamster died last night … it fell asleep at the wheel.” – Anonymous Homeostasis refers to some regulating process that keeps an outcome close to a target by compensating for external disturbances; core bodily temperature is an example of being...
November 2018 9 Min Read
Major South African banks have rather timidly started their journey towards implementing the Fundamental Review of the Trading Book (FRTB), the most significant transformation of the trading market risk framework for the last 20 years. This new capital...
September 2018 13 Min Read
Latin American Cybersecurity: A Fast-Growth Priority By Carlos Gonzalez Fillad, Managing Director, Regional Head of Latin America, Global Liquidity and Cash Management, HSBC The recent cyber breach of five firms in Mexico and the USD15m exploitation of their...
September 2018 6 Min Read
Today’s treasury infrastructure is changing and, with it, the associated risks of data loss or fraud have multiplied. Within the security community, it is often said that it is not a matter of ‘if’ but ‘when’ you are going to be affected by a security...
June 2018 3 Min Read
Many companies have a hard time with managing data and how it moves across organisations – or more commonly, how it doesn’t. The result is that big corporations and large financial institutions like banks often end up unintentionally segmented into silos. They...
June 2018 8 Min Read
These days, IT security is a must, especially around payments, which are crucial for all companies. SWIFT, a key player in this landscape, has recently launched a new initiative aimed at detecting whether users of the SWIFT network are compliant with basic security...
May 2018 3 Min Read
Recently, Jon Vincent, Tennant Company’s Senior Treasury Analyst, spoke at an industry conference describing how Tennant, a multinational corporation with manufacturing operations in the US, Brazil, The Netherlands, Italy and China, reduced its foreign exchange (FX)...
May 2018 8 Min Read
Financial crime incorporates many types of activity, including fraud, bribery and corruption, insider dealing, terrorist financing and money laundering. Tackling these illicit activities is a major concern for regulators, and is reflected in new legislation like the EU...
April 2018 19 Min Read
As instant payments grow, digital commerce spreads, and artificial intelligence rises, staying a step ahead of the cybercriminals is increasingly tough. But with access to highly sensitive data, and as guardians of the company’s cash, treasurers can no longer hide...
March 2018 9 Min Read
Building an In-house Solution to Cash-Flow-at-Risk By Vincent Delort, Risk and Reporting Manager, JTI While some companies will spend tens of thousands of dollars on a vendor solution to compute Cash-Flow-at-Risk, JTI (Japan Tobacco International) has implemented a...
November 2017 7 Min Read
For years, accounting and risk management have not always been fully in sync. Limitations in the prevailing accounting standard meant that firms were not always able to accurately reflect their risk management activities in financial statements. While the emphasis of...
