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In corporatefinance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth.
Today, the corporatetreasury team plays a critical role helping companies navigate a business environment rife with economic uncertainty, geopolitical risks, regulatory change, trade tensions and supply chain disruptions. Not anymore. You have the ongoing wars, conflict with China, high inflation, and [high] interest rates.”
If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. As a result, treasury bond investors faced one of their worst years in history, losing close to a fifth of their principal, as bonds were repriced.
Christopher Hui, the territorys secretary for financial services and the treasury, said at a recent conference in Shenzhen that the bourse pledged to ease listing requirements for Chinese firms. Observers expect local markets watchdog and HKEX to propose amendments by the end of the year.
One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Yet, corporatefinance especially is “operating, more or less, the same [way] it has for 20 years prior. Real-Time Window To Treasury Management.
In the first five posts, I have looked at the macro numbers that drive global markets, from interest rates to risk premiums, but it is not my preferred habitat. A few years ago, I wrote a paper for practitioners on the cost of capital , where I described the cost of capital as the Swiss Army knife of finance, because of its many uses.
Financial services firm ION is introducing the industry’s first treasury management solution for cash forecasting, powered by machine learning, the company announced on Thursday (Feb. Developing solutions are on tap to lower costs related to the implementation and time-to-market of a treasury management system (TMS).
The initial coin offering (ICO) has emerged as a corporatefinancing trend just as volatile as many of the cryptocurrencies themselves. ICO market.” “There is a big gap in the market,” says David Siemer, founder and CEO of Wavemaker Partners. billion raised in those first three months.
As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. financial services space, data security will also come into focus for corporatefinance executives even more than today.
This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The rising threat of cyberattacks against companies hasn’t gone unnoticed by this market, either.
When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. The Corporate Use Case.
Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I We’re looking to partner with treasury management system [TMS] providers out there. It’s a sentiment echoed throughout the B2B FinTech market.
Financial technology innovation has opened the doors to massive transformation of corporatefinance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporatefinance teams: the financial close process, a crucial, but continually outdated function.
Corporatetreasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. A sense of nervousness amid ongoing global disruption pervades strategic thinking across global treasury functions. How they access the market has also changed.
Rising corporatefinance metrics don’t always mean good news. Find out which figures led to good growth — like digital corporate payments increases or a rise in SME hedging practices — and which signal bad news for corporate FinServ. The numbers are on the up this week! But don’t let that fool you.
If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. As a result, treasury bond investors faced one of their worst years in history, losing close to a fifth of their principal, as bonds were repriced.
Corporatefinance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury.
Today, DBS is the largest retail and commercial bank in Singapore with assets of about $450 billion, and maintains a presence in 18 markets globally, providing services for individuals, small and medium enterprises, along with corporate, wealth, and investment banking.
After the rating downgrade, my mailbox was inundated with questions of what this action meant for investing, in general, and for corporatefinance and valuation practice, in particular, and this post is my attempt to answer them all with one post. What is a risk free investment? Why does the risk-free rate matter?
But the scheme faced some of its harshest attacks yet at the hands of the CorporateFinance Network, a U.K. Reports in Accountancy Daily on Monday (April 29) said the CorporateFinance Network is calling on U.K. In a statement at the time, Treasury Economic Secretary John Glen described these figures as a success.
If you have been reading my posts, you know that I have an obsession with equity risk premiums, which I believe lie at the center of almost every substantive debate in markets and investing. The risk premium that you demand has different names in different markets.
Citi ’s Treasury and Trade Solutions (TTS) announced that it has expanded its Citi Payment Insights offering to more than 20 new markets, making it available in more than 70 markets. Citi’s offering goes beyond any other offerings I have seen in the marketplace thus far.”.
There are a lot of moving parts in B2B payments that are keeping corporatefinance executives busy as they work to modernize and optimize their operations. As Thakur noted, the opportunity to consolidate complex systems through treasury and banking integrations is vast. Emerging Ecosystems.
Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. Not only can market risk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.
Its set of application program interfaces (APIs) enable businesses to use crypto as collateral to access corporatefinancing products. In a statement, Co-founder of Cred and Universal Protocol Dan Schatt said the technology can be particularly applicable to the corporatefinance fields.
The financial services (FinServ) market is, by far, ahead of other industries when it comes to blockchain innovation and adoption, according to data released this year by PricewaterhouseCoopers (PwC). The market is expected to secure 30 percent of those efforts between 2021 and 2023; at present, the U.S.
While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporatetreasury departments, according to cybersecurity company BioCatch. BioCatch pointed to this risk in its blog post, too.
Japan is the latest market in Asia that is seeing U.S. JPMorgan has reportedly been meeting with potential clients and shoring up staffing for its new corporate client banking and specialized industries (CCBSI) group, a unit of its commercial bank that works with mid-sized companies and their worldwide affiliates.
Financial software firm Misys had a bit of a roller coaster year in a market constantly in flux. company canceled its IPO last October, citing “ current market conditions” as its reason behind deciding not to pursue an estimated $7 billion float on the London Stock Exchange. The company will merge with DH Corp.,
The AFP released its Corporate Cash Indicators (CCI) report, which surveys corporatetreasury and finance professionals on a quarterly basis. ” Last week, reports in Reuters warned that corporate forecasts in the U.S. The cash stockpiling was not entirely unexpected.
On May 25, the Financial Industry Regulatory Authority (FINRA) published the 2021 FINRA Industry Spotlight (Industry Spotlight), which is FINRA’s annual statistical report covering the brokerage firms, registered representatives and market activity that FINRA regulates. 2021 FINRA Industry Spotlight.
Corporatefinance executives and financial service providers quickly acknowledged a dramatic change in the treasury department: Over the last decade, the corporate treasurer has become a strategic component of the enterprise, driving growth in a challenging, constantly changing market.
The spreadsheet is the bane of many corporatefinance professionals' existence. For accounting and treasury management departments, the spreadsheet's drawbacks can lead to detrimental impacts on corporate bottom lines.
For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market.
Researchers found that 90 percent of treasurers and corporatefinance professionals cite their relationship with the bank as the top factor behind their decision to choose where to invest corporate funds. The findings were detailed in the latest 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors (SSGA).
based Tribal Credit is targeting small businesses in emerging markets, enabling them to access alternative financing. Hourly said it will use the capital to fuel market expansion. Modern Treasury. based Modern Treasury will continue to bolster its treasury and corporatefinance solutions.
As we start 2024, the interest rate prognosticators who misread the bond markets so badly in 2023 are back to making their 2024 forecasts, and they show no evidence of having learned any lessons from the last year. The Fed Effect: Where's the beef?
In one report, a survey by treasury management solutions provider Kyriba revealed that treasurers are wasting nearly 5,000 hours every year working with manual spreadsheets. “But what our numbers show, rather dramatically, is the cost of over-relying on spreadsheets to manage an entire finance function, like treasury. .
Failing to overcome those hurdles holds back corporatefinance operations from progressing toward greater efficiency, transparency and performance improvements, from accounting to treasury. Now, new research suggests that the digitization hurdle is also holding back the procurement function.
The complexity of payment workflows within and between mid-market and large corporate entities can be so immense that many treasurers aren’t able to pinpoint exactly where the friction exists. For developers and corporatefinance teams alike, speed is also a factor in the transaction itself.
financial services market, but the regulatory initiative seems more of a natural progression for the sector rather than a sudden disruption. How this new landscape of financial services will play out for corporate customers of the banks, however, is less clear, but disruption is on the way.
Corporate treasurers gathered for the Association of Corporate Treasurers (ACT) annual conference last week, and there, treasury professionals made clear where their priorities stand today. According to reports in Global Finance , an estimated 1,100 corporate treasurers from across the U.K. Nearly a third (31.1
Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Treasury Management. The company provides cash and treasury management solutions. Catfoss Finance.
There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview. But, he continued, small- and mid-market firms make up the majority of B2B payments volume in the U.S., I see a real opportunity in the mid-to-small market, which needs a proper amount of education,” he said.
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