Article

December 2015 7 Min Read

Five Steps to Managing Commodity Risk and Adding Value

Five Steps to Managing Commodity Risk and Adding Value by Koen Timmermans, Group Financial Risk Manager, Borealis AG Borealis has become well known across the treasury community for best-in-class cash, treasury and risk management. In this article, Koen Timmermans...

Article

December 2015 13 Min Read

Upsurge in Fraud

Upsurge in Fraud Just one of those things, a sign of our times or an extra risk for treasurers? by François Masquelier, Head of Corporate Finance and Treasury, RTL Group, and Honorary Chairman of the European Association of Treasurers Over the last few months we...

Article

November 2015 6 Min Read

Risk and Efficiency in 2016

Risk and Efficiency in 2016 An Interview with Steve Elms, EMEA Region Sales Head, Corporate and Public Sector, Treasury and Trade Solutions, Citi As budget processes start in earnest for many companies, treasurers and their banks are looking to the year ahead. In this...

Article

November 2015 16 Min Read

Fraudster, Fool or Financier? Who’s Controlling Your Cash?

Fraudster, Fool or Financier? Who’s Controlling Your Cash? by Helen Sanders, Editor There is a saying that “if a man defrauds you once, he is a rascal; if he does it twice, you are a fool.” As the media headlines and crime statistics reveal,...

Article

November 2015 3 Min Read

Managing Risk and Creating Opportunity through Extreme Volatility

Managing Risk and Creating Opportunity through Extreme Volatility by Mark O’Toole, Vice President Commodities & Treasury Solutions, OpenLink As the oil price starts to shoot up again following a period of sharp decline, and the value of the RMB falls again...

Article

October 2015 5 Min Read

Heisenberg’s Uncertainty Principle and Unintended Consequences in Finance

Heisenberg’s Uncertainty Principle and Unintended Consequences in Finance   by Eben Maré, Associate Professor, University of Pretoria Central banks have their jobs cut out for them! They measure a set of economic variables (such as inflation and...

Article

September 2015 5 Min Read

The Value Proposition of Electronic Dealing

The Value Proposition of Electronic Dealing by Neill Penney, Head of FX Workflow, Thomson Reuters, with Priscilia Bouton Peignoux, Financial Markets Director and Cyril Merkel, Financial Risk Manager, Sanofi S.A. In a globalised trade world, currency conversion is...

Article

September 2015 6 Min Read

Asia’s FX Landscape – Managing Complexity

Asia’s FX Landscape – Managing Complexity An end-to-end approach for FX payments and risk management by Sunil Bhatia, Head of Clearing and FX Products Asia Pacific, Global Transaction Services, Bank of America Merrill Lynch Change is in the air. Across...

Article

July 2015 11 Min Read

Five Steps to Managing FX Risk

Five Steps to Managing FX Risk by Helen Sanders, Editor There are some aspects of today’s treasury function that have really only emerged over the past decade: financial supply chain management, enterprise risk management etc. Some responsibilities have been core...

Article

July 2015 7 Min Read

Tackling the Challenge of Embedded Derivatives

Tackling the Challenge of Embedded Derivatives by Danne Buchanan, Executive Vice President, Head of North America Operations, D+H For multinational corporations selling in multiple currencies, the recent strengthening of the US dollar has turned embedded derivatives...

Article

June 2015 2 Min Read

What Can FX Risk Management Models Achieve?

What Can FX Risk Management Models Achieve? by Martin Winkler, Managing Partner, Schwabe, Ley & Greiner  The cancellation of the – supposedly – guaranteed CHF/EUR minimum exchange rate by the Swiss National Bank (SNB) has once again made clear what...

Article

May 2015 2 Min Read

Value Creation and Beyond: FX Risk Management at Royal Philips N.V.

Value Creation and Beyond: FX Risk Management at Royal Philips N.V. An Interview with Gabriel van de Luitgaarden, SVP, Head of Financial Risk and Pensions Management, Royal Philips N.V. To what extent had your FX risk management requirements changed since you set up...