The focus on risk management has continued to gain momentum in the last couple of years and, for today’s treasurer, risk management now influences every decision, interaction and bank conversation. Read more ...
With SEPA compliance projects now largely nearing completion, we speak to HSBC's Head of Sales, Europe, Payments and Cash Management about the priorities emerging amongst corporate customers.
Recent advances in regulations, electronic payments acceptance and paper-to-electronic conversion, have allowed some companies to move rapidly toward the STR ideal - and they are now looking to achieve rates of success similar to what has been achieved with straight-through processing for payables.
The notion of an appetite for risk is something of a paradox in times of crisis. Generally speaking, no one likes risk; we all strive to limit it as much as possible. However, behind this notion is hidden the idea of determining a company’s profile.
By freeing treasury and finance teams from their desks, simplify banking transactions and make business data richer and more accessible, the roadmap is drawn for smarter and more efficient companies.
The cash management (camt) message is designed to standardise the account information delivered by banks to their customers and to achieve straight-through processing also for the reconciliation management.
Changes to the global banking and financial market environments are prompting corporates across Latin America to consider in-house banks. Provided they are carefully planned and structured, they can result in significantly lower costs, improved efficiency and enhanced visibility and control.
We outline the key changes to hedging under IAS 39, explain the new concepts introduced by IFRS 9 and, most importantly, look at what this means for treasurers.