Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 6th June 2024.
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Latest News & Insights Across Global Liquidity Markets
Northern Trust Asset Management welcomes you to the full Liquidity Link Newsletter, our monthly publication offering timely updates on the UK, Eurozone and US markets - along with the latest:
- Videos
- Webinars
- Thought leadership (including blogs, articles and case studies)
Featured on this episode
- Daniel Farrell
- Head of International Fixed Income, Northern Trust Asset Management
Latest Podcasts from the series
JTT 2025 – Conclusion – THE PILLARS OF JOURNEYS TO TREASURY
Please see all 12 episodes of JTT 2025 below, in this final chapter we say thanks to the contributors. The strength of Journeys to Treasury (JTT) has always extended beyond the report itself. Its unparalleled value lies in harnessing the collective expertise of four leading institutions—BNP Paribas, PwC, SAP, and EACT—and their global networks of specialists. For […]
JTT – Chapter Twelve – REWIRING TREASURY AT ZOETIS
Twelve years after spinning out from Pfizer, Zoetis has built a lean, centralised treasury that is digitally enabled and strategically engaged. Assistant Treasurer Michel Verholen reflects on the tools and tactics behind the transformation and how visibility, automation, and AI are setting the stage for what is ahead.
JTT – Chapter Ten – RACING THE CLOCK AND WINNING!
Faced with a product recall and €1bn in excess inventory in quick succession, Accell Group’s treasury team found themselves facing a steep uphill climb. Their response: a full pivot from traditional cash pooling to an integrated in-house bank, all of which was designed, constructed, and implemented in record time.
JTT – Chapter Nine – VIRTUAL ACCOUNTS AND THE RACE FOR REAL-TIME LIQUIDITY
Treasurers are intensifying their efforts to achieve instant cash visibility and control. Virtual accounts, APIs, and real-time data offer the potential for faster decision-making and more streamlined operations, as long as integration, regulation, and cultural change are managed carefully.
JTT – Chapter Eight – VERIFICATION OF PAYEE
As the EU prepares to mandate Verification of Payee across the SEPA region, its implications are already under scrutiny. For corporates, the road may be bumpy, but with stronger identifiers, clearer implementation rules, and deeper collaboration, the destination is still within reach.
JTT – Chapter Seven – TACKLING PRACTICAL QUESTIONS IN VERIFICATION OF PAYEE’S ROLLOUT
Corporates are preparing for the EU’s instant payments regulation, but the path to adopting Verification of Payee is proving complex. Treasury teams are exploring practical ways forward while calling for closer collaboration between banks, regulators and technology providers.
JTT – Chapter Six – BANKING ON CHANGE
At Comcast, what began as an ambitious clean-up of legacy accounts has evolved into a multi-year transformation that continues to reshape how treasury operates and how it’s perceived. The treasury team hasn’t just streamlined systems. It has rebuilt trust, unlocked cash, and earned a seat at the strategic table.
JTT – Chapter Five – THE FUTURE OF PAYMENTS
Incoming and outgoing payments are central to a corporate treasurer’s responsibilities because they directly impact liquidity, risk management, and operational efficiency. Today, treasurers face a wave of changes, from instant payments and ISO 20022 to digital currencies and e-invoicing, each of which hasimplications beyond simple regulatory tick-box exercises.
JTT – Chapter Four – TREASURY AUTOMATION IN ACTION AT EVONIK
Evonik’s treasury team has embedded automation at the core of its operations, from near-total payment straight-through processing to real-time liquidity dashboards. With integration, visibility, and control as guiding principles, the team is redefining how digital tools support risk management, compliance, andstrategic decision-making.
JTT – Chapter One – ASSEMBLING THE BUILDING BLOCKS FOR CHANGE
Treasurers are going back to fundamentals, according to the Treasury Survey 2025 from the European Association of Corporate Treasurers. Cash flow forecasting has returned to the top of the agenda, and while digital transformation is a focus, the work begins with systems, data, and skills rather than quick fixes.
Journeys to Treasury 2025 – Introduction
This year marks the tenth edition of Journeys to Treasury, representing a full decade of collaboration, reflection, andforward-looking insights. Since its launch in 2016, the project has charted treasury’s evolution inaspects such as cash pooling and centralisation, as well as the latest trends in automation, ESG, and AI. Over the years, much has changed. But one constant remains: the need for treasurers to master the […]
Making Business Easier: Cutting-Edge Treasury for Seamless Trade
How can multiplying challenges be overcome to make trade less complicated? The answer, like trade itself, is constantly evolving. In this first of two articles, Bank of America’s George Fong, APAC Head of Trade and SCF, and Olivier Anceau, APAC Head of Specialised Product Sales, reveal how innovative solutions can simplify operations, boost resilience, and […]
Shaping Tomorrow’s Treasury through Steady Evolution
Trends and buzzwords come and go, but the real changes in treasury have come as a result of steady evolution. Drawing on years of dialogue with clients across the globe, Dick Oskam, ING’s Global Head of Transaction Services Sales, reflects on treasury’s transformation – from fragmented systems to real-time cash management – driven by technology, […]
So You’re Thinking of Setting up an In-House Bank?
Treasurers pondering the creation of an in-house bank may feel discouraged by the time and resources required to set one up. Catherine Porter, Head of Treasury at Arup and Joost Bergen, Founder of Cash Dynamics, offer a ‘warts-and-all’ review of the challenges and benefits that lie ahead.
SEPA Instant Credit Transfers – Towards a New European Standard?
The European Instant Payments Regulation which came into force a year ago, now requires all payment service providers in the Eurozone of the European Economic Area to offer SEPA instant credit transfers for incoming payments by January 2025 and for outgoing payments by October 2025 at the latest. This regulation thus reaffirms its objective of […]
Innovation in Payments: A New Era for Business Travel
From mobile wallets to real-time reconciliation and in-app fraud reporting, the evolution of corporate card programmes is changing travel and expense management for treasurers. Innovation in the card space is driving better visibility, stronger control, and a more seamless experience for employees worldwide. But what does that mean in practice? Three experts give us the […]
Future-Proofing Liquidity: The Role of Script Dividends in Corporate Greece
In today’s evolving Greek financial environment – where access to liquidity remains a key concern for many companies and capital efficiency is essential for competitiveness – corporate finance teams are increasingly exploring alternatives to traditional shareholder remuneration models. One such approach gaining renewed interest is the script dividend: the distribution of dividends not in cash […]