• Modern subway line on the urban landscape in Dubai

    Middle East treasuries in catch-up mode

    An international sample of almost 120 corporate treasurers operating in the Middle East found that, for cash management, nearly half of them spend at least 75% of their time using spreadsheets and manual processes. The online questionnaire carried out between July and November 2013 by Aite Group, SunGard and the Association of Corporate Treasurers Middle East (ACTME), also shows that treasurers are trying to move beyond cost-centre status and that they understand the need for better risk analytics.

  • Chinese man fishing with cormorants birds

    Tackling overdue corporate payments in China

    While rising labour costs and the depreciating currency tend to be the issues which the mainstream financial media focus on, there are more salient concerns for corporates operating in China at the moment, not least where corporate payments are concerned. In this insight, Treasury Today speaks to Rocky Tung, Asia Pacific economist for Coface about the worrying levels of overdue payments in China.

  • Car engine and spanner

    SEPA: what would you change?

    Despite the opportunities it was supposed to present, for some corporates SEPA has been nothing but a headache. In this Insight, we ask one senior treasury professional what, in an ideal world, he would like to have seen done differently.

  • Girl with a butterfly resting on her finger

    Time to be your own bank?

    Disintermediation. It’s an ugly word – and a trend that most bankers would rather not acknowledge. But with lending down and regulation tying financial institutions’ hands, we are witnessing a structural shift away from financing by European banks. What does this mean for treasurers and what are banks doing to stay in the game?

  • Rock climbers equipment

    How to manage country risk effectively

    Country risk is an all-encompassing term used to describe the risk that companies face when investing/operating in a country. Focusing on areas from political instability to natural disasters, the scope of the topic can be somewhat overwhelming. Treasury Today speaks to an expert in this field to offer treasurers advice on how to manage this threat.

  • Pengiuns facing in opposite directions

    I say VNAV, you say CNAV

    The debate around VNAV and CNAV money market funds rages on and on. In the US and the UK most are CNAV, but one firm made the switch to VNAV long before the regulators got involved. Did it know something the others don’t?

  • Bitcoin mining USB devices in a row

    Bitcoin advocates rue fall of MtGox

    Following the high-profile collapse of the MtGox Bitcoin exchange in Tokyo, the future role of crypto-currencies as a credible competitor to traditional currencies in e-commerce transactions is again in doubt. But despite the obvious risks, proponents still see huge potential in Bitcoin. The question is: will it survive long enough to make the mainstream?

  • Single pawn staying against full set of chess pieces

    All for one and one for all (part two)

    In the second part of this two-part Insight on syndicated lending agreements, Treasury Today looks at the importance of negotiation and highlights some of the key points that must be addressed.

  • Gold coins stuck in a clamp

    Credit where it’s due: SCF innovation

    SCF solutions have helped numerous blue-chip companies and their large suppliers, but for smaller players reasonably priced credit often remains elusive. With a host of new solutions coming on to the market, are we about to turn a corner?

  • People entering mysterious concrete maze

    New refinancing wall looms

    A new maturity wall is looming on the horizon. With interest rates only heading in one direction, will companies be left competing for increasingly scarce and expensive credit?