Categories » Case Studies
Banks are rolling out the next generation of supply chain finance (SCF) solutions but is there corporate demand to match? While the financial crisis has taught companies the benefits of SCF programmes, most have yet to embrace the full suite of solutions that banks are marketing. Meanwhile, the rise of dynamic discounting could remove banks from the SCF equation altogether.
1 Comment | February 2011
Before the recent financial crisis, most banks of any size in the developed markets were considered low risk counterparties. When deciding which banks to work with, corporate treasurers were primarily focused on the price and quality of their services. Now, counterparty risk has become a key concern – and a treasurer’s core duty is to keep money safe. This article looks at the methods available to measure that risk.
1 Comment | February 2011
Wolseley PLC is the world’s leading supplier of construction materials Headquartered in Zug, Switzerland, the company has outlets in 25 countries and employs 47,000 people. In 2009, the group reported a trading profit of £450 million.
Mike Verrier has been the Group Treasurer of Wolseley PLC since 2000. He studied Natural Sciences at the University of Cambridge; possesses an MBA from Cass Business School, London and is a fellow of both the Association of Corporate Treasurers and Chartered Institute of Management Accountants. He has 20 years of treasury experience working for major corporations including Deloitte and Touche, Chemical Bank and Dunlop.
Be the first to comment | February 2011
Companies are increasingly realising the value of connecting with their banks via SWIFT. With falling costs and an ever-growing array of messaging services geared specifically to the corporate market, the business case for SWIFT access is becoming easier to quantify. However, there are still obstacles to adoption, and the benefits will not outweigh the cost for many companies.
Be the first to comment | February 2011
What are the pros and cons of SWIFT’s 3SKey?
Be the first to comment | February 2011
Nimble and increasingly keen to adopt the sophisticated cash management practices of their larger cousins, mid-market treasuries face specific challenges, from overcoming resource limitations to competing with better-rated companies for credit.
Be the first to comment | February 2011
Increasing numbers of corporates are turning to supply chain finance as a result of the financial crisis, according to research from working capital solutions provider Demica. Over 90% of major European banks are experiencing ‘very strong’ growth in demand for supply chain finance (SCF) solutions.
Be the first to comment | January 2011
In this interview, Peter van Rood, Corporate Director of Treasury, outlines the key drivers behind the successful transformation of his department which won EuroFinance’s 2010 Treasury of the Year award.
Be the first to comment | January 2011
How would you fare as FX Manager of an MNC?
High FX rate volatilities are a big challenge for multinational corporations with complex international value chains. In this article we invite you to take up the challenge and imagine the obstacles you might need to overcome in your first year as FX Manager of XY International Limited.
1 Comment | January 2011
Are Islamic bonds a viable source of finance for European corporations and what are the pros and cons?
Be the first to comment | January 2011