Time for a change?

The past few years of financial turmoil have altered much in the treasury space.  But what about approaches to the way that treasury is organised?  Pre-crisis, centralisation was the treasurer’s mantra, but have technological advances and a new attitude to counterparty and other risks rendered a completely centralised model unnecessary?  Discover the key aspects to consider when reorganising your treasury in this month's Treasury Practice.

M&A was an obvious victim of the financial crisis, but cash-rich companies nevertheles managed to benefit from depressed asset prices. As the period of undervalued assets draws to a close, however, would-be acquirers must focus more than ever on their business strategy and value add factors in any prospective deal.  The effects of the crisis on M&A and the importance of identifying the right target for acquisition are analysed in this month's Corporate Finance article.

SWIFT has also felt the effects of the crisis, but by and large these have been positive.  As companies looking for growth demand more standardisation and straight through processing, Treasury Today discusses how SWIFT and its partners can make a difference to your treasury operations going forward.