Digital transformation coupled with the emergence of HealthTech start-ups continues to drive rapid developments in the healthcare industry. The opportunity is vast, with total healthcare spend within the Asian corridor estimated to exceed USD4 trillion by 2024.[1] As healthcare firms collaborate within their ecosystem, treasurers need solutions to help streamline treasury functions, and tools and […]
During the first few weeks of 2020, few, if any, could have predicted exactly what was ahead of us. Now, even though life is far from normal, we’ve adapted to the impact the global pandemic has had on our lives, economy, and the way we do business. It’s through this lens that we can examine […]
Introduction Conor MaherHead of Transaction Banking Products, NatWest Moving beyond the Covid catalyst For many corporate treasurers, 2020 was a crash course in digital transformation. As companies adjusted to global lockdown and remote working as a result of the Covid-19 pandemic, digital operations quickly became essential. This swift pivot away from manual processes and on-premise […]
TMI’s Eleanor Hill welcomes Jared Smith and Craig Ramsay (HSBC) into the TreasuryCast studio to cover the lessons that corporate treasury teams have learned from the current health crisis, and how they can apply this knowledge to effectively crisis-proof their future operations. Our guests identify essential solutions that conscientious treasurers should have on their radar […]
TMI Corporate Recognition Award Winners 2020 In one of the toughest years for treasury in the past decade, treasury teams stepped up their innovation projects and rolled out digital best practices at speed. Here, we celebrate their successes. What a year 2020 was. As much as the financial crisis of 2007/8 had provided some insight […]
Standard Chartered Continues Groundbreaking Work in Asia BEST BANK FOR CASH & LIQUIDITY MANAGEMENT Asia Pacific BEST BANK FOR TRADE & FSCM Asia Pacific As a leading player in Asia, great things are expected of Standard Chartered, yet it still has the capacity to deliver surprises, as its success in TMI Awards 2020 shows. Here’s […]
Findings from a poll of more than 1,800 C-suite executives show that while liquidity management remains a major concern as the pandemic drags on, many are failing to take effective action. The data was compiled by Deloitte during a recent webcast entitled Improving liquidity management: Scenario-based cash forecasting. It reveals that the pandemic has shifted […]
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 […]
When Hitachi Capital UK’s treasury team planned the implementation of a host of new business continuity processes and digital treasury tools, Covid-19 was unheard of. Fast forward to March 2020 when lockdown began in the UK, and the five-strong team was well-prepared for these most challenging of circumstances. Here, they share highlights and learnings from […]
It’s often said that necessity is the mother of invention, but it can also be the catalyst for adopting innovations – in a rapid time frame. Nowhere was this more clearly displayed than the world of treasury technology in 2020. As has been well documented, the Covid-19 pandemic pushed treasurers towards a much more digital […]
Supporting Gavi’s Mission Gavi, the Vaccine Alliance helps vaccinate children against some of the world’s deadliest diseases. Since its inception, this public-private partnership has helped immunise more than 822 million children, preventing at least 14 million deaths, in 73 lower-income countries. Gavi is currently coordinating the COVAX Facility, a global mechanism for the pooled procurement […]
With the pandemic forcing many to work remotely, the idea has gained traction among professionals that this is not such a bad thing after all. To what extent can treasurers operate effectively away from the office? We ask an expert. Corporate treasury teams are usually quite small, tight-knit affairs, with the emphasis on ‘teamwork’. The […]
Investors and risk managers are staring into the abyss. Unable to use past asset pricing models to predict the immediate future they are, says Professor Riccardo Rebonato of EDHEC Business School, hamstrung by a toxic combination of politics, the current global crisis and asymmetry of risk. This, he says, is the time they should look […]
To say it has been a challenging year for businesses is an understatement. Many companies have struggled to survive, while others have grappled with rapid shifts in operational models. As we head towards 2021, with the prospect of Covid-19 vaccines providing a ray of hope, how should treasurers prepare? Peter Cunningham, EMEA Sales Head, Corporate […]
The debate over when and how staff should be brought back into the workplace has just become more heated after asset management company Shroders recently told its 5,000 staff worldwide they no longer have to be in the office for a certain number of days each week. Before the pandemic the 216-year-old wealth manager, which […]
Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. Invariably, these activities have seen added stress in 2020. Not only have finance teams had to close companies’ books remotely, but they’ve also […]
Covid-19 has changed so many aspects of life and business – global trade is no exception. With trade flows declining, and commercial payments following suit, Aoife Wallace, Head of Trade & Working Capital Europe, Barclays, and Daniela Eder, Head of Payments & Cash Management Europe, Barclays, examine how treasurers can play their part in supporting […]
Without a crystal ball, it is difficult to predict which path the economic recovery will take. Many treasurers are therefore wondering how to manage and invest corporate cash in an optimal manner, given the uncertainty ahead. Nevertheless, Yera Hagopian, Managing Director, Liquidity Solutions, Barclays, and Daniela Eder, Head of Payments & Cash Management Europe, Barclays, […]
No sooner had treasury departments signed off on their 2020 strategy plans than Covid-19 transformed priorities and shifted the conversation around treasury. With treasurers having had six months to readjust, TMI speaks to Ole Matthiessen, Global Head of Cash Management, Deutsche Bank, about the results of the latest EIU annual corporate treasury survey, which this […]
In many ways, Covid-19 has been the ultimate test for treasury teams and their technology. With the spotlight firmly on treasury management systems (TMSs), treasurers are asking whether they have the best tech for the job – in a remote-working environment where instant access to ‘decision-ready’ data is critical. Is there a better TMS out […]
Banking Circle research has uncovered how financial institutions are rethinking the value of digital infrastructure to future-proof their business in a post-pandemic world. Anders la Cour, Co-Founder and CEO of the financial utility discusses how the crisis has accelerated digitalisation strategies across the industry. Earlier this year Banking Circle commissioned MagnaCarta Communications to take an […]
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 […]
As treasurers look to improve their departments’ resilience to help withstand future crises, in-house banks (IHBs) are back in the spotlight. TMI speaks to four industry experts to understand how IHBs can help restore profitability and reduce risks. We also examine trends such as in-house banking-as-a-Service (IHBaaS) and outline how IHB structures are evolving. Christof […]
Although the EACT Summit unfortunately could not take place this year, 200 treasury professionals from across Europe shared their thoughts on treasury’s role and priorities as part of the EACT survey. Survey responses were received between 11 March and 15 April 2020, a period that coincided with the start of Covid-19 lockdown in many locations. […]
