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The stable track record of SDD changed in March and April 2020 since several countries announced widespread lockdowns and economic activities in the majority of sectors had to be halted. For the first time in years, in April 2020 the number of executed SDD transactions decreased.
HSBC’s GLCM forum held in Dublin, highlighted the ways in which treasurers are transforming their departments to conform to the efficiencies presented by Treasury 4.0.
Treasurers are starting to explore how automating their transactional foreign exchange (FX) workflows could bring significant benefits in a post-pandemic environment. What digital tools can assist?
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