Top risks for financial services (Video)
What are the key current areas of risk for CROs to be focusing on and how might these be changing throughout 2014 and beyond?
Insights & Interviews
Poor liquidity in bond markets poses threat to investors, experts warn
The warning comes after US Federal Reserve chairman Janet Yellen announced last week that valuations on “lower-rated corporate debt” are beginning to become “stretched”.
Five tips for selecting a Treasury Management System
A well-chosen Treasury Management System (TMS) can streamline your operations and boost your organisation’s performance - but with so many options out there, it’s crucial to choose one that fits your individual requirements. These five pointers can help to keep your selection process focussed and on track.
Risk Management: Seven areas you should be thinking about
With a whole host of regulatory and organisational challenges on the horizon, financial institutions will face a number of risk management issues over the coming months. Here, the experts at Wolters Kluwer outline the seven most important areas facing financial institutions in the next year.
What to do if you’re cyberattacked: Global Payments Treasurer gives first-hand advice
In 2012, Global Payments suffered an online security breach that compromised 1.5m credit card numbers and lost the company $125m. Vice President and Treasurer Lisa Joublanc gives an insider’s perspective on the disaster – and what companies can do to stop costs from spiralling if it happens to them.
Get tech-savvy or face “obsolescence,” says MIT
Companies understand that embracing digital technology is key - but too few are acting on their convictions, citing a lack of urgency and frustration with the process, new research has found.
Treasury roles undergoing “fundamental transformation”, says AFP
A joint survey by Oliver Wyman and the Association for Financial Professionals (AFP) found that 84% of senior level corporate members consider their treasury role to have expanded over the past five years – and almost the same number expect the trend to continue.
FX losses rocket after currency chaos – but a drift downstream is the biggest risk
Over the past two years, foreign exchange volatility has stepped up negative currency impacts, with affected Fortune 2000 companies reporting losses of $17.8 billion in 2013.
Efficiency is primary pain point for treasury managers, says Jim Gifas
Treasury managers see innovation as primarily a tool for countering business problems and improving efficiency in their organisations, according to Capital One’s new Senior Vice President.
Switching to camt: the next step after SEPA
Demand is growing in the corporate world for faster and more standardised banking formats - leading to the increasing popularity of Cash Management (camt).
