Making Treasury Extraordinary: ZEE’s Superstar Transformation

With untapped markets, high growth rates and a young population with an increasing spending capacity, investment opportunities in Africa are in abundance, but how do European firms navigate this unfamiliar territory?

Since joining forces with HSBC, Ocean Network Express has achieved four major milestones throughout their treasury transformation journey, with many more in the pipeline.

Executives are increasingly looking to the treasurer to limit the negative effects of FX risk on the business. How, then, can treasurers revamp their hedging approaches in 2020 to help meet these goals and add value to the business?

HSBC’s GLCM forum held in Dublin, highlighted the ways in which treasurers are transforming their departments to conform to the efficiencies presented by Treasury 4.0.

Micron Technology's decade long partnership with HSBC has proven pivotal in solving the data storage producer's issues around high-value payments processing, a complicated process that is performed to a strict time-limit. The successful processing of these critical payments has not only strengthened the consultative relationship between the two organisations, but underlined what can be achieved through collaborative working.

The European payments sector is continuing to make significant headway around real-time payments, however a fragmented ecosystem due to contrasting time zones and limited clearing hours is restricting progress for European corporates. Nevertheless, next-generation services such as SWIFTgpi are stepping in to relieve these administrative restraints and deliver cross-border payments with unprecedented speed and transparency.