A Balancing Act: Efficiently Managing and Deploying Cash
During an era of historically high cash balances, how can corporates best manage the capital structure challenges they are facing today? Eleanor Hill (TMI) is joined by Standard Chartered’s Shoaib Yaqub to discuss the pressures associated with mobilising cash in a volatile market where forces such as ESG play a key role in influencing investment […]
The Key to Smarter Liquidity Management: Breaking Down Silos
Treasurers must lead the charge to bring down organisational silos that stifle optimised liquidity management. To do this successfully, they have to recruit critical stakeholders from other departments to the cause through a mixture of education, communication, and technology. A treasury team’s understanding of the timing of a company’s cash flows is vital for both […]
Purchasing Power
Adding Value with a Treasury/Procurement Partnership When a business’s treasury and procurement teams collaborate, it can transform how that business builds and sustains relationships with suppliers. Andrew Burns, Senior Vice President EMEA, C2FO, explains. With the primary responsibility of treasury being to protect against financial risk, the idea that it can operate in isolation is obsolete. […]
Managing the Impact of Rising Interest Rates and Inflation
With interest rates rising as central banks try to contain inflation, a difficult balancing act is in progress. The responses of the various monetary policy committees are being watched with a keen eye by treasurers the world over as they consider their next actions. Tarek El-Yafi, Regional Head of Cash Management Sales, and Karen Hom, […]
Eyes on the Prize: Why Funding Balance Sheet Efficiency is Key for 2022
Funding diversity and working capital efficiency are strategically critical to address intensifying capital structure pressure, writes Shoaib Yaqub, Global Head, Capital Structure Advisory, Standard Chartered. The Covid-19 pandemic and associated supply chain stress of last year have put corporates under pressure to reinforce balance sheets and squeeze everything they can from the assets at their […]
Crypto: Can it Ever Be Right for Treasury?
In an era where arguably even normally dependable gilts have shifted from being ‘risk-free returns’ to ‘return-free risks’, have cryptocurrencies such as Bitcoin finally become viable assets? Or has recent market turbulence, coupled with regulatory intervention, put a stop to treasury interest in this space? We explore the options – and take a pragmatic view. […]
It’s Not Work: One Treasurer’s Dream Becomes an Entrepreneurial Reality
Peter Zmidzinski’s career as a treasurer inspired him to develop a new digital risk management platform to help businesses make more informed decisions about their counterparties. TMI talked to the founder of SwissMetrics about developing his idea, bringing it to market, and the lifestyle changes that came with his move. Many people have great business […]
Core Strengths
Deutsche Bank Wins in Supply Chain Finance, Data Innovation and ESG BEST BANK FOR TRADE & FSCM Europe TECHNOLOGY & INNOVATION AWARDS Best Data Management Innovation Solution TREASURY4GOOD AWARDS Global Bank of the Year for CSR/ESG Deutsche Bank amply demonstrates its capacity to keep delivering on the global stage, scooping no less than three awards […]
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 […]
Finding a Cure for Cash
By adopting an innovative physical cash pooling solution Aspen Pharmacare, in partnership with BNP Paribas, has unleashed a host of improvements – from interest cost savings to simplifying the reconciliations process. Here’s how the teams achieved this joint project, which is a first of its kind in South Africa. Cash remains king, and as with […]
Cash Pooling: Well Worth the Cost of Compliance
Independent treasury consultant Bas Rebel picks his way through the ‘minefield’ of fiscal and regulatory reforms surrounding cash pooling and examines the advantages and challenges to prove the overall benefit case of this method of liquidity management is still strong. Cash pooling is in the crosshairs of regulators and tax authorities. This scrutiny increases the […]
Dynamic Customer Finance: Supply Chain Support for the Covid-19 Age
Amid the pressures of a global pandemic – and the rise of sustainable finance – Jan-Martin Nufer, Vice President Treasury & Funding, Borealis, has collaborated with working capital giant C2FO to create a dynamic customer financing solution to supplement their C2FO dynamic supplier finance solution. As Nufer and Colin Sharp, SVP, EMEA, C2FO, explain, this […]
People in Focus: Stephen Randall
TTS Global Head of Liquidity Management Services, Citi Stephen Randall has recently been appointed Citi’s TTS Global Head of Liquidity Management Services, and a member of the Global Executive Committee. In this position he is responsible for managing more than 50% of Citi’s deposit base across all regions and geographies, covering one of the most extensive, multi-currency, […]
Building Corporate Resilience: Treasury Imperatives Now and Next
The initial shock of the Covid-19 pandemic is starting to subside and companies are moving out of crisis management mode into planning for recovery and beyond. Patrick Peters-Bühler, Principal – EMEA, Treasury Advisory Group, Citi, and Yan Li, Senior Adviser – Greater China, Treasury Advisory Group, Citi, explain how corporates can develop strategies to become […]
Flying the Standard: Taking IFRS 16 Leases to the Next Level
The new lease accounting standard, IFRS 16, is now in effect. Many companies are still getting to grips with the changes to their financial reporting, with all leases coming onto the balance sheet for the first time. But beyond initial implementation, IFRS 16 is also enabling companies to capitalise on the transparency the new standard […]
Repairing Treasury’s Leaky Bucket
The steady erosion of value caused by corporates stockpiling cash as interest rates remain at record lows is becoming more evident as inflation edges higher. But solutions such as dynamic discounting could staunch the flow of cash from EMEA companies. US interest rates continue to slowly and steadily edge higher, despite President Donald Trump declaring […]
After 25 Years, SCF 1.0 Needs A Makeover
For supply chain finance (SCF) to progress and reach the next set of struggling suppliers, the model needs a rethink. We need SCF 2.0. Getting to grips with late payments is easier said than done. A single purchase from end-to-end involves multiple departments, and often requires a whole host of steps to ensure compliance. On […]
Vive la Révolution: Shaking Up Payments and Cash Management
Driven by technological and regulatory change, the payments landscape is currently a hotbed of innovation. Deborah Mur, Head of Global Liquidity and Cash Management, HSBC France, highlights some of the latest developments – including a recent collaboration between HSBC and PayPal – and explains how corporate treasurers stand to benefit. She also outlines French corporates’ […]
Time to Get Up to Speed with Instant Payments
Believe it or not, real-time payments are already changing the face of treasury. They offer an opportunity to rethink legacy payments, collections and liquidity management processes, glean valuable data, and add strategic value to the business. Instant payments are also a huge enabler of real-time treasury. But the rewards can only be reaped if treasurers […]
Blockchain is Shifting Data and Risk: Here’s How it Can Benefit Your Bottom Line
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 then operate de facto as several smaller companies – with data becoming the […]
Optimising the Balance Sheet for Resilience & Flexibility
Corporate business leaders have never faced more complex challenges in anticipating, understanding and responding to new business trends, and positioning their organisations accordingly. Increasingly, new technologies, industry players and societal trends are disrupting the way that competitive advantage is achieved, and what it means to be a global corporation when the concept and benefits of […]
Looking Beyond Cash Flow: A Fresh Approach to KPIs
Every treasurer measures, and is consequently measured by, the performance of a company’s treasury function. In many cases, businesses have built up complex and extensive scorecards of key performance indicators (KPIs) that evaluate different elements of accuracy, speed and productivity. What is often overlooked is that these KPIs contribute to overall business success, and focus […]