Is spending tens of thousands on a vendor solution to compute Cash-Flow-at-Risk really necessary? Vincent Delort, Japan Tobacco International, proves that a low-cost, in-house solution using Excel can be just as effective – including the precise Excel formulae used.
Andy Gage, FiREapps, discusses how developing an effective currency risk management committee, by gathering departments from across a business, can ensure a robust FX programme - whilst also strengthening inter-department relationships between stakeholders.
SWIFT has recently launched a new initiative aimed at detecting whether users of the SWIFT network are compliant with basic security controls. On paper, this looks like a sound initiative but is it a good idea in practice? François Masquelier looks at how this will affect corporates.