Liquidity Management in Asia-Pacific: Change and Opportunity

After a challenging period of lower prices, things are looking far more positive for the NRU Sector. David Andrada, Global Sector Head, Natural Resources & Utilities – Global Liquidity & Cash Management at HSBC explains.

With interest rates remaining at record lows and inflation edging higher, the steady erosion of value caused by corporates stockpiling cash is becoming more evident. Could solutions such as dynamic discounting help?

The era of real-time payments is upon us. But the rewards can only be reaped if treasurers embrace the possibilities on offer, and if regulators and banks continue to push towards global, not just local, real-time payments capabilities.

Eleanor Hill, Editor, talks to industry experts about some of the key changes happening in the liquidity landscape across Europe, the US and Asia - including how corporate treasurers can prepare for these developments, embrace best practice, and future-proof their liquidity management strategy.

From increased payments and collections efficiency to more controls over exposures, BNP Paribas suggest the value proposition of centralising by currency is particularly compelling, especially when it comes to USD in the United States.

A mixture of recent and forthcoming changes, including Brexit, bank ring fencing and the second Payment Services Directive (PSD2), will make Europe a far more demanding environment for many treasurers over the next few years.