How ICD’s Technology is Making a Genuine Difference
Knowing what its clients want has given ICD, the independent portal provider of money market funds and other short-term investments, a clear advantage as it scoops two TMI Awards this season: the Treasury4Good Best Technology Solution, and the Technology & Innovation Best Portal Technology prize. A worthy double winner. Technology & Innovation Awards Portal Technology […]
Mind the Gap! Overcoming Obstacles to Short-term ESG Investing
While treasurers have repeatedly shown interest in using ESG-related short-term investment instruments, actual investment levels have yet to match these aspirations. Recent research from ICD explores the gap between intention and execution in treasury investments. Environmental, social, and governance (ESG) has risen up the treasury and finance agenda in recent years, with banks and financial […]
Treasury in 2030
5 Practical Steps for Preparing Ahead No-one knows precisely what the future holds, but a successful digital treasury team must be able to adjust quickly to the evolving ecosystem – and be able to scale at speed. In this article, four industry experts outline their visions of a digital treasury function in 2030 and explain […]
Taking the API Path
Integrated Treasury Workflows CORPORATE RECOGNITION AWARDS Treasury Technology Trailblazer – Highly Commended A monolithic treasury management system (TMS) was not what Scott Taylor, Treasurer, Bandwidth, was looking for. Instead, he wanted a light-touch technology solution that would help the company achieve its growth plans, while being flexible enough to leverage the latest technological developments. The […]
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 […]
A Life-Changing Digital Treasury Transformation
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 […]
Co-Creation with Treasury Fintechs: The Inside Track
Ray Nazloomian and Jenny Mustazza, J.P. Morgan, join TMI’s Eleanor Hill for a forward-looking discussion which examines why banks are opting to pursue fintech partnerships, rather than building in-house, to co-create innovative solutions with their clients. Our guests provide a commentary on J.P. Morgan’s wholesale payments strategy, and identify the emerging technologies that could have […]
As Easy As KYC: SWIFT and Seamless Corporate Banking
Complying with the know your customer (KYC) aspect of bank account opening and management has long been a burden for corporate treasurers. For Pepper Group, early access to SWIFT’s KYC Registry has helped bring a number of efficiencies to this process. Headquartered in Australia, Pepper Group is a well-established global credit provider with specialist experience […]
A New Model for Assessing Risks and Opportunities in the Money Markets
In the wake of Covid-19, corporates are reassessing their liquidity management strategies. To assist treasury managers in this endeavour, ICD and The Carfang Group have created a new quantitative model for assessing the risk/return relationships among money market instruments. Justin Brimfield, Chief Marketing Officer, ICD, and Anthony J. Carfang, Managing Director, The Carfang Group, explain […]
Money Markets and the Human-Technology Connection
As investors seek shelter under the wing of money market funds during the current crisis, Tory Hazard, CEO of Institutional Cash Distributors, discusses the relationship between people and the systems that enable them to overcome the toughest obstacles. Liquidity continues to top treasury’s leading concerns across industry surveys. But especially now, as the downstream effects […]
Through the Portal: Opening the Door to Process Efficiencies at Drax
Drax’s Treasury and Corporate Finance team needed a new money market fund (MMF) portal solution to improve their control environment, streamline their workflow and automate their manual processes. Here, Lisa Dukes, Deputy Group Treasurer, Drax, outlines the benefits of choosing and implementing ICD Portal, and shares key learnings from this Award-winning technology journey. Aiming to […]
Changing the Rules: Redefining MMF Workflows at Drax
Turn the clock back to 2018 and manually transferring money market fund trade data between systems was taking up too much of Drax’s treasury team’s valuable time. Fast forward to today and straight-through processing of data has been achieved thanks to an exemplary implementation of ICD Portal, worthy of TMI’s 2019 Corporate Recognition Award for […]
Raising the Bar: Corporate Recognition Awards
By Eleanor Hill, Editor Year-on-year, the standard of entries to TMI’s Corporate Recognition Awards increases, taking the corporate treasury profession to new heights. The following overview of projects undertaken by corporates over the last 12 months provides a mere flavour of the innovation happening in the industry and we congratulate all our winners wholeheartedly! Best […]
A Silver Lining for RFPs
After scooping the “Best Portal Technology Solution” accolade in TMI’s 2018 Awards for Innovation and Excellence, John Laurens, Group Head of Global Transaction Services at DBS, explains how the bank’s cutting-edge cash management simulation platform, DBS Treasury Prism, continues to push the boundaries on client-centric innovation. He also outlines how corporates are benefiting from this […]
Beefing Up Open Account Trade with Blockchain Technology
Moving and marketing in excess of 100,000 tonnes of meat products annually throughout the world, GPS Food Group was keen to find an innovative way to make its open account trade transactions faster, safer and more competitive. The company recently participated in a successful pilot of the we.trade blockchain platform, a collaboration between HSBC and […]
Innovation, Co-operation and Client-Focus – Developing a Winning Tech Solution
Digitalisation is thrusting all areas of the transaction banking industry into uncharted territory and to make the most of the arising opportunities, banks must strike a delicate balance between competition and collaboration. As businesses adapt to an increasingly digital landscape, their needs are changing too – and banks must adapt their products and services accordingly. […]
Treasury APIs: Adding Value to the Bottom Line
To some, application programming interfaces, or APIs, may just seem like another industry buzzword. In reality, however, they offer significant process efficiencies and strategic opportunities for treasurers – and represent an exciting digital future for the banking industry, says Tom Durkin, Head of Global Digital Channels, Global Transaction Services, Bank of America Merrill Lynch. Why […]