Best Funding Solution
Many corporates are exploring alternative sources of funding and diversifying their funding sources. With credit squeezed, corporate bonds have made a comeback. Has your company issued commercial paper or bonds? Perhaps you have looked at securitisation, IPOs, crowd funding, peer-to-peer or the private placement market? Whether a single transaction or as part of a company’s overall debt strategy, this category is open to all types of funding.
Best Risk Management Solution
Risk continues to be top of every treasurer’s agenda; the winning solution could relate to any aspect of risk which arises in the corporate treasury arena. Have you changed the way you control foreign exchange risk, counterparty risk, commodity risk, interest rate risk, cyber risk or your supply chain risk? Does currency volatility open your eyes to new risk management concerns and are you rethinking your hedging strategy? Are you monitoring new risks such as sovereign risk, employee risk or perhaps even reputational risk? Is Brexit changing the way you view risk and what are you doing to mitigate fraud?
Best in Class Treasury Solution in the Middle East
Any treasury, cash/liquidity management, card, trade/SCF, WCM/AP/AR, funding, FX, risk and/or technology solution implemented, or in the process of being implemented, in the Middle East will qualify.
Best in Class Treasury Solution
Given the particular challenges when operating on this continent, any treasury, cash/liquidity management, card, trade/SCF, WCM/AP/AR, funding, FX, risk and/or technology solution implemented, or in the process of being implemented, in Africa will qualify.
First Class Relationship Management
This category incorporates any relationship (internal as well as external) managed by the treasury function, such as investor relations, employee relations, ratings agencies and procurement, in addition to your core bank(s)/other service provider(s) relationships. Economic turmoil has certainly focused the attention on relationships. Perhaps you have introduced a new RFP/bank selection process or had to innovate to maintain credit lines? Are you looking at bank charges, bank account analysis, managing mandates, using digital signatures, KYC or eBAM perhaps? Do you benchmark your bank(s) or have you had to change how the treasury function interfaces with procurement or taken a fresh look at investor relations. Tell us your story.
Best Foreign Exchange Solution
This category includes any solution implemented, or in the process of being implemented, which addresses foreign exchange. It could be a single transaction, suite of transactions or a complete change in your FX strategy or policy, a hedging programme, use of specific instrument(s) or a new FX requirement as a result of entering a new market or dealing with a new currency and/or client/supplier. Have you entered new markets and, if so, how have you dealt with any currency volatility encountered?
Best SWIFT Solution
Introduced in 2016, this category recognises any solution implemented, or in the process of being implemented, where SWIFT is the primary enabler. It could involve the use of any message type and/or SWIFT access method such as the MA-CUG, SCORE, Alliance Lite, third party bureau, Trade Services Utility (TSU) or 3SKey. Perhaps you have embraced the newer message types such as ACMT (Account Management), CAMT (Cash Management) and/or PAIN (Payments Initiation) – tell us your SWIFT story.