Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JUNE 27, 2018

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

The Finance Weekly

OCTOBER 30, 2024

Kyriba Kyriba is a robust treasury and cash management platform built for larger enterprises. It offers a wide range of features, from cash forecasting to risk management, making it a comprehensive solution for businesses looking to optimize their liquidity.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Global Finance

SEPTEMBER 9, 2024

Corporate treasury 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.

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

PYMNTS

JANUARY 7, 2021

(FDIC) and the Treasury Department are looking to see if American Express Co. The paper reported that the Office of the Comptroller of the Currency (OCC) is looking into business card sales tactics at the company as well, citing unnamed sources. “We 7), citing unnamed sources.

Sales 97

Sales Treasury Auditing Risk Management 97

PYMNTS

APRIL 26, 2017

I turn to our most trusted resources for innovative ideas: our clients, our client advisory board (CAB) and our subject matter experts, including the Treasury Advisor team that works closely with the current and prospective client base. We review these demands for new solutions with our in-house subject matter experts and solve the challenge.

Risk Management 40

Risk Management Treasury Auditing Securities 40

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

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Treasury Foreign Exchange Currencies CFO 52

PYMNTS

MARCH 16, 2018

“We’re looking to partner with treasury management system [TMS] providers out there. TMS providers have great platforms, and we have a great position in risk management as it relates to FX.”. Remlinger said the upgrades are a reflection of growing demand among treasurers, chief financial officers and money managers.

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. Kantox, based in the European Union, provides FX hedging services and automates FX risk management for corporate treasurers at mid-market firms. “By

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

CS Lucas

FEBRUARY 10, 2020

Regular readers of Singapore’s leading daily business publication, The Business Times, will recall an article published earlier in July discussing survey results from PricewaterhouseCoopers’ inaugural Asian-focused treasury survey. We believe in doing the right things right, getting straight answers to complex financial questions.

Treasury 40

Treasury Risk Management Currencies Accounting 40

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. Through its prudent lending approach, robust risk management, and geographic diversification, the bank nearly doubled its deposits to 17.36 Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

MAY 19, 2016

The procurement of raw materials can expose an organization to some serious market volatility, the risk management software firm said, and much of the solutions these firms are using to mitigate risk, like ERP solutions, don’t quite make the grade when covering a business’ exposure to commodity trade risk.

Treasury 40

Treasury Risk Management Currencies Foreign Exchange 40

Future CFO

AUGUST 27, 2023

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right?

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

PYMNTS

AUGUST 5, 2019

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. Providing customers with mobile, telephone and online payment capabilities on a multi-currency platform, moneycorp also enables them to exchange money through 120 currencies.

Treasury 43

Treasury Risk Management Currencies Forecasting 43

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash?

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

FEBRUARY 19, 2020

Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb. via an API that loops into The Clearing House’s RTP network. .

CFO 52

CFO Treasury Risk Management Currencies 52

PYMNTS

SEPTEMBER 6, 2017

The company’s latest 2017 Global Corporate Treasury Survey was recently published, and it’s not surprising that, since its 2015 report, Deloitte found that treasurers continue to face new pressure from their executive committees and boards to become a strategic, value-added role within the enterprise. Technology Tripping Up Treasury.

Treasury 43

Treasury Risk Management Cash Management Currencies 43

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. The biggest question is, will more multinationals adapt their legacy FX risk management processes and practices to navigate the changing market environment?”. The bank said Thursday (Mar. Yet, status quo prevails.

Treasury 40

Treasury Risk Management Benchmarking Currencies 40

PYMNTS

MAY 15, 2019

The combination of Visa and Earthport, he said, promotes “the ability to move money globally and efficiently, and at scale, making it simple for originators, [treasury banks and service providers] to do all this through a single connection. If you are a treasury bank, you have to operate in both of those spaces,” he explained. “T

Treasury 74

Treasury B2C Financial Systems Banking 74

Future CFO

MARCH 21, 2022

Three years after Danone Asia implemented a cloud strategy to its treasury management system, boosting its visibility and control, Pulat Yunusmetov , Danone Asia regional treasury manager, urges companies - on a similar cloud journey - to buck the conventional wisdom of going after the cheapest solution in the market. “Do

Budgeting 52

Budgeting Treasury Risk Management Currencies 52

Strategic Treasurer

OCTOBER 14, 2022

Details were gathered about banks’ concerns and recommendations for client security, corporate payment complexity, volumes, currencies, challenges, plans for technology use, and more. Among the top findings were the following points: Multiple Systems and Security Fraud Management Top List of Payment Challenges.

Securities 52

Securities Investments Planning Treasury 52

PYMNTS

AUGUST 29, 2017

In their Strategic Role of Treasury Survey , the AFP and Marsh & McLennan identified the forces pressing companies to shift the treasury department into a more strategic position. Most professionals said geopolitical risk has led to concerns over a loss of revenue or customers, while 49 percent cited the concern over currency risk.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

PYMNTS

APRIL 27, 2016

The conversation about exposure to FX risk continues to mount alongside the strengthening U.S. More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges.

Treasury 40

Treasury Currencies Risk Analysis Risk Management 40

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

MARCH 2, 2016

If you can’t see it, you can’t manage it,” said Deloitte U.K. Global Treasury Advisory Services Practice Partner Karlien Porre in a statement. Without accurate measurement, value erosion from negative currency rate movements can’t be anticipated or prevented.”.

Foreign Exchange 40

Foreign Exchange Treasury Forecasting Risk Management 40

PYMNTS

APRIL 6, 2016

The new platform, announced on Tuesday (April 5), sees corporate treasurers able to access and trade foreign currency over Banking Circle, which connects payers and banks. Saxo added in its release that it will also support payments using the currencies traded over the new solution.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Last month, reports in the Financial Times made clear that businesses will increasingly be faced with decisions they must make about how to manage foreign exchange volatility. “We importer said.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

NOVEMBER 2, 2017

Corporate finance 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. Treasury in general is risk-averse,” he said. “If

Treasury 40

Treasury Corporate Finance Risk Management Communication 40

PWC UK

JANUARY 26, 2021

by Christopher Raftopoulos Director, Treasury Advisory and Assurance. LIBOR transition has been a hot topic for the corporate treasury community for at least the past year. by Christopher Raftopoulos Director, Treasury Advisory and Assurance. Email +44 (0)7753 928134. More articles by Christopher. Email +44 (0)7753 928134.

Treasury 52

Treasury Benchmarking Risk Management Currencies 52

PYMNTS

DECEMBER 12, 2019

Citi recently made 50 APIs available to business clients, designed to connect easily with treasury software. Western Union’s trio of new APIs can perform a P2P transfer function, as well as send money to business accounts or Western Union agents in local currency.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

OCTOBER 8, 2019

“The world is moving toward better technology, simpler design and instant access to data and automated analytics,” said Mark Smith, Citi Global head of liquidity management services, treasury and trade solutions. “We Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

MAY 7, 2020

CIT, meanwhile, will offer its Treasury and Payment Services tools to streamline cash flows for SMBs when both sending and receiving payment. Argos Risk, Gatekeeper Enable Third-Party Management. Dynamic discounting can mean lucrative discounts on the accounts payable side, and faster payments on the accounts receivable side.

Accounts Payable 60

Accounts Payable SAP B2B Currencies 60

PYMNTS

JULY 30, 2018

dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. Things can change almost overnight, and that can be more challenging for their treasury people.”. What’s good for the U.S.

Currencies 40

Currencies Foreign Exchange Risk Management Treasury 40

PYMNTS

JULY 29, 2019

Unfortunately, the latest analysis of corporate earnings suggests bottom lines are taking a significant hit as a result of FX risk exposures. Given today’s market conditions, currency volatility will only continue. Below, PYMNTS looks at the numbers behind the latest analysis on corporates’ FX risks and related losses.

Foreign Exchange 40

Foreign Exchange Currencies Treasury Technology 40

PYMNTS

MARCH 5, 2018

“The risk for us is if the customer is not happy with the product and wants to return it, but if the supplier has gone bankrupt, we have to accept the return and give the money back,” he explained. Payments are, of course, a huge part of the risk management strategy. Payment Shifts.

B2B 42

B2B Cash Management Treasury Invoicing 42

Barry Ritholtz

OCTOBER 17, 2023

And the third, the one that nobody talks about is risk management. Risk management. And so that’s not just, we talk about risk management in terms of buying at a big discount to intrinsic value and then that gives you that capital sort of buffer. That’s a long time. It’s a long time.

Investments 52

Investments Valuation Numbers Math 52

Reval

MARCH 7, 2017

2) Enhanced Risk Management Toolbox. As costs of hedging include time value of options – as well as currency basis and forward points – options can now come back into the toolbox of the risk manager. To apply component hedging, it is necessary that the component can be identified separately and measured reliably.

IFRS 52

IFRS Accounting Risk Management Treasury 52