Gas, Oil and Revolvers: an ESG Success Story
Diversified Energy Company recently converted its existing traditional $300m reserve base lending facility into a sustainability-linked reserve-based revolver – one of the first of its kind. The conversion incorporated some demanding environmental and social KPIs. John Crain, Vice President of Treasury, Diversified Energy, recounts the experience to TMI. When it comes to matters of sustainability, […]
The Essential Ingredient for a Sustainable Future
There’s been encouraging progress so far in the way treasurers have brought ESG elements into their operations, but so much more is yet to come. What is the key to unlocking new sustainable ideas and approaches by businesses and banks? Baris Kalay, Head of Corporate Sales, Global Transaction Services, EMEA, Bank of America, shares his […]
Diversity and Teamwork
Building Treasury Relationships The merger in 2016 that formed leading global advisory, broking, and solutions company WTW cultivated an environment of constant change for the firm’s treasury. In a recent TMI podcast, Frances Cavanagh, Director, Treasury Operations, and Rivka Attal, Senior Treasury Operations Manager, explored how strong relationships have been the key to success. Sophie […]
Renault Treasury Motoring Ahead with DataLog Finance
French multinational automotive manufacturer Renault’s Sylvie Faure, in charge of Cash Forecasting, and Cyril Schäfer, Head of Euro Cash Management, tell TMI how DataLog Finance’s TMS is driving next-level treasury efficiency. The primary goal of Renault SAS’s (Renault’s) daily cash management process is maximising cash centralisation. As with many companies around the world, the pandemic […]
How to Evaluate a TMS in 2022
TMS technology and applications have advanced greatly in recent years, making for quicker, easier, and cheaper deployment, with superior results. Michael Kolman, Chief Product Officer, ION Treasury, explains to TMI just how far the TMS has come since its arrival 40 years ago, and why today there is a solution to fit the needs of […]
Out of this World Treasury Innovation
J.P. Morgan co-creates with clients to push the boundaries of digital treasury, scooping five Awards In February 2021, J.P. Morgan’s Onyx arm announced that it had executed a blockchain payment in space. The transaction took place between satellites orbiting Earth, in a first of its kind test of the Internet of Things (IoT) payments technology. […]
Trends in RFPs and RFIs: What Treasurers Want
Eleanor Hill (TMI) invites Dick Oskam and Bert Van Drie (ING) into the TreasuryCast hotseat to find out what trends treasurers want to see emerge from the Request for Proposal (RFP) and Request for Information (RFI) space. In this informative discussion, our guests explore how a recovering business landscape is establishing a perfect opportunity for […]
Asyad Group: Full Speed Ahead with Bottomline for Treasury
Evolving from an almost entirely manual treasury set-up to one where the latest technology is being deployed has advantages far beyond process efficiency. TMI talks to Muhsin Alrustom, Group Chief Financial Officer, Asyad Group, to hear just how far ahead of the game its Bottomline TreasuryXpress system is taking it. Sometimes great changes inspire even […]
Embracing Supplier Diversity: Treasury Lessons from Facebook and GSK
By focusing on the diversity and inclusion elements of external relationships within the supply chain, corporates can create additional value and efficiencies. Here, treasurers are being urged to ‘roll up their sleeves’ and get involved in this potentially transformative process. With diversity and inclusion (D&I) now well established on the corporate agenda, and companies continually […]
Bel Group: A Treasury Transformation in Progress
Bel Group’s selection of Kyriba’s platform for global treasury, payments and risk management is all about bringing disparate processes and business units into line. Benoît Rousseau, Group Treasury and Insurance Director, Bel, talks to TMI about his choice and what he now expects. The Bel Group is a world leader in branded cheese and a […]
Payments Tech: Delivering Strategic Advantage
The payments space has been put to the test over the past 18 months or so as businesses continue to face up to the challenges of the pandemic and intense commercial pressures. As new channels of operation and innovative technologies come on stream, Luc Belpaire, Product Management and Business Development, Trax, Enterprise Treasury and Payments, […]
Covid-19 and Beyond: Convergence of a Healthcare Ecosystem
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 […]
Treasury KPIs for ESG and D&I: Time to Get Serious
Environmental, social and governance (ESG) initiatives are now a boardroom priority – and an increasingly important part of the treasurer’s strategic remit. Nevertheless, only a quarter of treasury departments currently have key performance indicators relating to ESG. Helen Kelly, Head of Europe, Barclays Corporate Banking, examines the types of ESG initiatives and targets leading treasury […]