Banks and Vendors Take Treasury to New Heights Bank Awards Where better to start this celebration of innovation and excellence than with the Global Bank of the Year for Cash And Liquidity Management – HSBC. Throughout 2020, the bank added to its digital capabilities, with a new cash flow forecasting tool and an enhanced mobile […]
Establishing a dedicated treasury function from the ground up requires a great deal of hard work, strategic thinking and, in the case of Fareva, vital connectivity links to be built in a short space of time. Here, Thomas Papier, Fareva’s Group Treasurer, explains how he teamed up with BNP Paribas to put in place the […]
With the coronavirus pandemic impacting economies, businesses and individuals, TMI asks what treasurers can do to help their organisation weather the storm. In this no-nonsense guide, we take a pragmatic look at best practice during times of crisis, ranging from contingent funding facilities to proactive communication with rating agencies and tackling elevated FX risks and […]
Back in Copenhagen again, this year’s EuroFinance International saw a record 2,200 delegates come together to discuss some of the hottest treasury themes of the moment – from digital treasury transformation to real-time payments and sustainability. Industry experts share their highlights from the event, together with tips on how to de-stress treasury and build resilient […]
Robotic process automation has the potential to be a powerful tool for treasurers – especially those looking for new ways to garner efficiency gains. What’s more, as a relatively easy-to-deploy technology, RPA can deliver significant value in a short timeframe. But is RPA really a silver bullet for treasury? We ask four industry experts for […]
In an increasingly accountable business environment, corporates are looking for new ways to support their suppliers to adhere to sustainable and ethical standards. Alongside creative supply chain finance (SCF) solutions, treasurers are analysing how emerging technologies can assist them in making their supply chains more sustainable – in every sense. Ignoring sustainability is no longer […]
Corporate social responsibility and diversity and inclusion are growing parts of the treasurer’s remit. TMI’s recent Treasury4Good Awards highlighted some of the innovative projects taking place in this space, stimulated debate on building a sustainable and inclusive treasury function, and paid tribute to a treasury legend. All the images from the night can be viewed […]
Did you know that paying a ransom to a cybercriminal, even if you do so in Bitcoin, could lead to a sanctions’ violation? That’s right, treasurers now have even more to think about – and get involved in – when it comes to cybercrime. Here, we examine the latest threats treasurers need to keep abreast […]
TMI’s Treasury4Good Awards We are delighted to introduce the winners of our inaugural Treasury4Good Awards, which recognise the growing importance of Corporate Social Responsibility (CSR), Environmental, Social & Governance (ESG) and Diversity & Inclusion (D&I) in the treasury marketplace. Dedicated to those corporate treasury teams, banks, and vendors truly making a difference, these are the […]
Against a backdrop of continual change – from disruptive technologies to new regulations and geopolitical challenges – transaction banks and treasury vendors continue to innovate on behalf of their clients. As this year’s high-quality submissions demonstrate, it’s not just the stalwarts who are investing in new services; fintechs are also getting in on the act. […]
Spanish-based hotel group, NH Hotel Group, was operating a manual, decentralised treasury structure, which was hampering cash visibility and control. Here, Luis Martínez Jurado, SVP Financing & Treasury, NH Hotel Group and Máximo Sanz, Senior Cash Management Executive, BNP Paribas, explain how they collaborated to deliver an impressive digital transformation for the group, resulting in […]
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 […]
In October 2017, Honeywell International announced its intention to spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, Turbo, into two standalone, publicly-traded companies. Here, members of the Honeywell treasury team and representatives from their banking partner, BNP Paribas, share their experiences of tackling these two spin-offs […]
More and more treasurers are getting involved in CSR (corporate social responsibility) initiatives. Not only financing them but also embedding them into treasury processes and spearheading departmental sustainability projects. Nevertheless, CSR is not yet considered ‘business as usual’ (BAU) in many corporate treasury functions. Eleanor Hill, Editor, outlines practical ways in which treasury departments can […]
Technology innovation has always been intrinsic to the changing role of treasury, and been instrumental in creating opportunities for enhanced efficiency, control and capacity building. In some cases, such as electronic banking, technology has been delivered by banks while others, such as treasury management, payment, collection systems and some trading portals, have been developed by […]
Among the proliferating numbers of business awards made every year to companies around the world, the annual European and Asian Leader Awards from Greenwich Associates are especially highly regarded by recipients and voters alike. TMI is delighted to introduce a special supplement devoted to these Awards, which recognize the excellence of banks in two categories, […]
