| No. 1, 2014 |
Liquidity ManagementEmbracing Change: A Look at Treasury Trendsand Drivers for 2014 Recent years have seen considerable changes in the cash management and trade finance industry, and banks have been at the forefront of efforts by corporations to adapt to and thrive in the new environment. One of the key drivers for the treasury agenda is the continuing effort to make the most efficient use of liquidity. That effort takes a number of forms, but underlying it is a deliberate move toward real cash concentration. [more] Treasury StrategyMaximizing Opportunities in the New NormalAs the volatility following the 2008 financial crisis recedes, the "new normal" has become the catch-all term describing the current set of treasury challenges, ranging from credit constraints and low interest rates to the hurdles presented by the growing importance of emerging economies — in terms of accurately assessing risk and managing a wide spread of currencies. In the new normal, there is continued market uncertainty from new and changing regulations. [more] Electronic PaymentsSEPA, Global XML Standard Help DriveAdoption of Integrated Payables Integrated payables has become a best practice in treasury management, due in large part to the Single Euro Payments Area (SEPA) mandate and greater standardization that's been developed around the XML message format. [more] Bank MessagingJoining SWIFT: Sponsorship, Formats,Connectivity and Other Considerations As companies grow and their subsidiaries multiply in number, often globally, transacting with their banks becomes ever more complicated unless they adopt a uniform way to exchange messages with those institutions. This article looks at what companies should consider before taking advantage of the messaging service used by most global banks. [more] |
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