With cyber-attacks continuing to dominate the headlines, corporate treasurers remain prime targets. Having seen the attempts made against his treasury department first-hand, Christof Neilischer outlines his cyber risk strategy at Willis Towers Watson.
In an environment of heightened volatility, treasurers need to ramp up but also prioritise their risk management activities. Using transactional solutions alongside financial market instruments can be a valuable way of simplifying risk management for non-core currencies, enabling treasurers to focus on core risks and contribute to business success.
Accessing effective, convenient and transparent foreign exchange services is key to achieving common treasury objectives such as managing foreign currency payments and collections efficiently and protecting the business against the impact of currency fluctuations.