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Technology for Tomorrow’s Treasury, TMI Magazine, TMI 194
Treasurers are starting to explore how automating their transactional foreign exchange (FX) workflows could bring significant benefits in a post-pandemic environment. What digital tools can assist?
In a rapidly evolving business environment, while it is critical to focus on immediate challenges – from liquidity issues to increased cyber risk – it is also vital to think about ways to make treasury more robust in the future.
Li & Fung Limited partnered with HSBC to consolidate its bank accounts and redesign its existing liquidity structures to make better use of internal liquidity. The company's treasury now has real time control of its cash and has assumed a more strategic role within the organisation.
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