Five Trends in Finance and Cash Management Technology for 2021
The past few months have transformed the way finance teams work. The disruption caused by the coronavirus pandemic has forced businesses to adopt technological solutions at an accelerated rate, while many operate from their homes, tackling a list of new and ongoing issues remotely. This new way of working has changed the way organisations collaborate […]
The Resilient Treasurer: Building a Digital Armoury for 2021
Without question, the Covid-19 pandemic has strengthened the business case for digitisation and dramatically increased the pace of digital adoption. Treasury 4.0 technologies, such as data analytics and application programming interfaces, will be key to building long-term resilience. Here, four HSBC experts examine the challenges, risks and opportunities of embracing digital treasury capabilities – and […]
IBOR Transition: Challenges and Impacts for Corporate Treasurers
South Africa’s major corporates seem not to have awakened yet to the fact that in a few years interbank offered rates (such as LIBOR and JIBAR) will transition to alternative reference rates. This transition will be one of the most significant transformations of interest rate benchmarks in the last 25 years, but are major corporate […]
Maximising the Benefits of Leasing for the Treasury Function
New lease accounting standards have shone a spotlight on Lease versus Buy decision-making, as well as the effective management of leases. As such, now is the perfect time to consider ways to maximise the benefits of leasing for your organisation – from better supporting liquidity planning to garnering significant cost savings at the inception of […]
My Life in Treasury: Barbara Shortall, Northern Ireland Water
It’s not just technical abilities Barbara Shortall looks for when recruiting for her team. Communication and relationship-building skills are high on her list, as well as the ability to “enjoy the complexities” of treasury. And if any of those complexities ever prove to be unusually tricky, she sometimes finds the answer while reading a good […]
TMS Transition Put to the Test
By Arnault Gitzinger, Head of Group Cash Management, Eurofins Scientific Complex cash management processes meant Eurofins Scientific had a specific set of demands for its new treasury management system. This case study outlines the biotechnology company’s transition to DataLog Finance’s Treasury Line, and the resulting benefits. The Eurofins Scientific treasury department has evolved significantly over […]
My Life in Treasury: Naomi Holland, Intel Corporation
Naomi Holland, International Treasurer for Intel Corporation, details her career progression and describes the challenges of successfully balancing her family life while returning to a senior role after an eight-year career break. How did you come into treasury and what attracted you to the profession? My entry to the world of treasury was somewhat unplanned, […]
Multilateral Netting Reloaded
Multilateral netting is one of the most underestimated ways to optimise intercompany payments and group performance. In this Executive Interview, Eleanor Hill, Editor, asks Martin Bellin, Founder and CEO of the BELLIN Group, to explain why multilateral netting deserves a little more attention, and how treasurers can make the most of it. Eleanor Hill (EH): […]
My Life in Treasury: Anne Catherine Sailley, Steelcase
With enough energy to light up the Eiffel Tower, Anne Catherine Sailley is busy continuously improving the Steelcase treasury function – yet still finds time to co-head the EACT’s cyber security working group and organise charitable missions in India. In this interview, she shares some great career advice and explains how she draws on her […]
Setting up a Treasury in Romania for Skanska
In 2011, after more than nine years running treasury and risk management in one of the largest construction companies in Poland, Skanska SA, I was invited to start the company’s operations in Romania, which would be concerned with construction and office development. The idea was to establish and finance an organisation that could support a medium-sized […]
A Currency Roundtable to Weather FX Headwinds
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) exposures by $25m. According to Vincent, a key part of their success was Tennant’s decision to create an internal […]
Treasury Transformation: Achieving Operational and Financial Efficiency
Endemol Shine Group, a leading media company that produces and distributes multi-platform entertainment content, wanted to invest in new, longer-term projects to meet growing audience demand. But as a highly leveraged organisation, the company needed to self-fund these ventures. Treasury therefore embarked on a challenging but rewarding transformation journey to improve internal workflows and make […]
My Life in Treasury: Albert Hollema, Endemol Shine Group
With an uncanny knack of turning negatives into positives, Albert Hollema explains how he has drawn on past experiences to further develop his treasury career. He also shares his best advice for rising up through the treasury ranks – and as former Chairman of the Dutch ACT, he’s certainly in the know. How did you […]
How Thought Leadership Can Reduce the Cost of Sales
How Thought Leadership Can Reduce the Cost of Sales by Patrik Havander, Havander & Partners A focused attention on the costs incurred by the global sales and marketing processes is becoming increasingly important for corporate banks and their transaction banking departments. While the client/bank relationship remains vital, research has shown that in fact relationship selling […]
J.P. Morgan 2014 PeerView Survey Results
J.P. Morgan 2014 PeerView Survey Results The J.P. Morgan Global Liquidity Investment PeerView Survey has once again examined the investment decisions of senior liquidity investors around the world. • With over 300 participants • Representing more than 300 unique entities • Across all sectors of the global economy This report provides a unique gauge for firms […]
Connected Europe; a business reality
Connected Europe; a business reality by ING Companies in Western Europe and Central and Eastern Europe are more connected than ever. Many have supply chains that span multiple countries and sales and operations in both regions. As CEE companies move up the value chain and increasingly focus on services, connections between West and East will continue […]
Connected Europe, the roadblocks ahead (video)
Connected Europe, the roadblocks ahead (part 1) by ING In a virtual round-table discussion, 7 successful European companies debate different aspects of the pan-European supply chain. This episode talks about the roadblocks to greater industrial efficiency and manufacturing growth. Visit ING Commercial Banking’s online magazine to view parts 2 & 3 >>
Connected Europe: the ideal model for industrial efficiency (video)
Connected Europe (part 2): the ideal model for industrial efficiency by ING Western and Central and Eastern Europe are more connected than ever before, and the supply chains run deep. But it’s a competitive world. In a virtual round-table discussion, 7 successful European companies debate different aspects of the pan-European supply chain. This episode talks […]
Connected Europe: the future of Europe (video)
Connected Europe (part 3): the future of Europe by ING Western and Central and Eastern Europe are more connected than ever before, and the supply chains run deep. But it’s a competitive world. In a virtual round-table discussion, 7 successful European companies debate different aspects of the pan-European supply chain. This episode talks about the […]
How Smart Cash Management Could Save Your Balance Sheet
How Smart Cash Management Could Save Your Balance Sheet by Ebru Pakcan, Global Head of Payments and Receivables, Treasury and Trade Solutions, Citi More often than not, finding ways to improve a company’s balance sheet requires looking at cash management operations through a different set of lenses. Just as an eye care professional can offer […]
My Life in Treasury: Irene Atkins, Specsavers
My Life in Treasury Irene Atkins, Head of Global Treasury, Specsavers This month, Helen Sanders, Editor, talks to Irene Atkins, Head of Global Treasury at leading optical and hearcare company, Specsavers, based in Guernsey. In this feature, Irene shares her thoughts on the importance of personal and professional development, and the power of positive thinking, […]
The End or the Beginning for Money Market Funds?
The End or the Beginning for Money Market Funds? by Helen Sanders, Editor In August 2014, the Securities and Exchange Commission (SEC) in the United States adopted reforms to Rule 2a7 funds (US money market funds – MMFs) with the aim of reducing systemic risk. Inevitably, these changes have been met with a mixed response, […]
A Measured Response to Regulatory Change
A Measured Response to Regulatory Change by Christopher S. Martin, Global Head of Liquidity Product, HSBC Global Asset Management Over the past few years, the financial media have been dominated by headlines forewarning significant changes to treasurers’ short-term investment practices as a result of regulatory change. Specific regulatory changes relating to particular instrument classes, such […]