Articles on gtnews
Dieter Stynen, Deutsche Bank - 10 Dec 2012
The deadline for companies to adopt single euro payments area (SEPA) payment formats is fast approaching: companies need to act now to ensure they are ready by 1 February 2014. So what are the rewards for carrying out a SEPA migration project and what are the potential risks? Also, what pitfalls should companies be aware of along the way?
Lothar Meenen, Deutsche Bank - 3 Dec 2012
The Basel III capital adequacy rules for banks are intended to strengthen financial institutions’ capital bases following the 2008 financial crisis and introduce new rules, covering leverage and countercyclical measures, to try to stop future bubbles from bursting quite so spectacularly as happened four years ago. This article will look at the latest updates to the regulation ahead of its implementation in 2013. How it could potentially impact treasurers in terms of funding, hedging and trade finance will also be examined.
Ron van Wezel, Deutsche Bank - 21 Nov 2012
New payment tools are being launched to match the digital age, such as mobile contactless payments (MCP), digital money and wallets with loyalty schemes, near field communication (NFC) or cloud-based functionality and apps for business-to-business (B2B) and business-to-consumer (B2C) users, sometimes with associated tracking capabilities. This article reviews the emerging payments landscape and how corporations can use these solutions to better serve their clients and optimise payables and receivables processes by integrating them into their banking and treasury operations.
Joao Luiz Galvao, Deutsche Bank - 15 Oct 2012
The current economic climate and the growth of intra-emerging market trade have brought financial supply chain (FSC) solutions to the fore. This article discusses the role of FSC tools in today’s transaction banking marketplace, to identify the key values that are vital to both FSC and treasury services as a whole and which will lay the foundations of future success.
Arthur Brieske, Deutsche Bank - Hans Oostenbrink, Deutsche Bank - 4 Oct 2012
There are more than 5 billion mobile phone users in the word today, with 20% using smartphones. Cisco is predicting there will be 10 billion smartphones and tablets by 2016. This ubiquity is matched by their application in almost every area of public and private life, and undoubtedly as the key platform for future consumer interaction and eventually payment. The digital wallet and mobile payments may have repercussions for retailers and their treasurers, not to mention suppliers in the chain, if they can tap into the potential automated efficiency benefits and keep pace.
Alex Verbaeten, Deutsche Bank - 17 Jul 2012
Oil and gas corporations operate in a mature ecosystem, but often face considerable challenges in setting up or maintaining far-flung operating platforms and the constant pursuit of energy solutions around sometimes inhospitable parts of the world. Heavy investment demands in large engineering projects, speculative research, new retail solutions, cross-border operations and long-term planning are all crucial in opening up many new fields and revenue streams. Dealing with all this complexity means treasuries can benefit from the help of financial partners in stretched supply chains and in running disparate operations.
Anjali Mohanty, Deutsche Bank - Frank Wu, Deutsche Bank - 25 May 2012
What are the regulatory difficulties and the growth opportunities affecting transaction banking services in two of the foremost 'BRIC' countries, China and India? This article looks at how the eurozone crisis is affecting these 'emerging' nations and also reviews the cash management environment for corporates.
Andrew Reid, Deutsche Bank - 30 Apr 2012
A 'perfect storm' is brewing in Europe: the downturn, allied to the on-going eurozone crisis, is creating tight credit conditions for smaller businesses, while larger corporations are seeking short-term investments for their large cash reserves, simultaneously ensuring they remain liquid in the face of the tough times ahead. Regulatory and market burdens, with banks having to save much more money against their balance sheets, are just adding to the very tough cash and liquidity management environment for corporate treasurers.
Lisa Rossi, Deutsche Bank - 17 Apr 2012
Accurate cash flow forecasting depends on the provision of precise and relevant data. It is therefore imperative that corporates optimise data collation and management practices. In doing so, companies can not only improve their forecasting capabilities, but can also optimise overall liquidity management.
Jon Richman, Deutsche Bank - Burkhard Ziegenhorn, Deutsche Bank - 20 Mar 2012
Trade finance services are seeing a resurgence, as they support international trade and working capital activities. US corporates are leading the way in sophisticated supply chain financing (SCF), while export-driven Latin America is also a major trade finance growth area. This article looks at both regions in the context of global supply chain trends.
Luca Corsini, Deutsche Bank - 13 Feb 2012
Risk management is a critical function and, at a time when credit is imperative and liquidity scarce, counterparty risk must be properly assessed and analysed to ensure the long-term health of the business.
Karsten Becker, Deutsche Bank - 7 Feb 2012
Amid the economic turmoil of recent months, single euro payments area (SEPA) migration can seem daunting. Yet, the change is inevitable and denial no longer an option. However, with a helping hand from an experienced bank, corporates can be eased into the process. SEPA brings progress and through preparation corporates will be set to reap the rewards - making the end date something to welcome, rather than fear.
Beate Fuchs, Deutsche Bank - 6 Dec 2011
This article provides an overview of best practices in cash flow forecasting, and analyses why forecasting has become such a challenging and important area for modern corporates.
Michael Spiegel, Deutsche Bank - 20 Sep 2011
The role of the corporate treasurer has developed to become more involved and complex. Working capital, liquidity and risk management are strategic topics for almost all corporates today. These topics are now being scrutinised by executive level management, and corporates are expanding the group treasurer's remit over a broader sphere of financial and commercial activities.
Robert de Gidlow, Deutsche Bank - Rohan Ryan, Bank of America Merrill Lynch - 31 May 2011
Cash is vital to any working capital cycle, but it has to be appropriately looked after. With the current regulatory environment, cash on its own does not hold much value from a bank's perspective. This article explores the effects of Basel III and how banks' view of cash balances is changing.
Karsten Becker, Deutsche Bank - 29 Mar 2011
This article is a back-to-basics approach on the core issues surrounding the single euro payments area (SEPA), explaining what corporates need to do when implementing a SEPA project.
Megan Peters, Deutsche Bank - Martin Runow, Deutsche Bank - 7 Feb 2011
No longer predominantly seen as the land of chocolate and cheese, Switzerland has proven itself as a global cash management centre, with a growing number of corporates relocating their treasury headquarters here.
Michael Spiegel, Deutsche Bank - 18 Jan 2011
Current developments in the transaction banking space represent more that a tactical shift designed to accommodate recent trends - a genuine sea change in corporate and bank behaviour is underway.
Nicole Wong, Deutsche Bank - 9 Dec 2010
Asia is where the pulse of the global economy is beating and many global corporate treasuries are now operating out of this region. How can they capture this growth opportunity in Asia and leverage the potential in their supply chain to monetise the investments they put in during the downturn?
Rick Striano, Deutsche Bank - 9 Nov 2010
Innovation is such an overused word, yet it is one way that banks, particularly in transaction banking, differentiate themselves. In the current economic environment, what is the appetite for innovation and how can banks bring their clients along with them on this journey?
Matt Richardson, Deutsche Bank - 7 Sep 2010
When processing high-volume, low-value cross-currency payments, many treasurers are unaware of the pricing structure or the true cost to their business. New technology is providing corporates with the ability to gain significant savings by having greater control and price transparency over these payment types.
Leif Simon, Deutsche Bank - 13 Jul 2010
Apart from in the US and Europe, the international ACH payments market is highly fragmented. This is especially the case in Asia. This article looks at the changes and challenges taking place in the market.
Rick Striano, Deutsche Bank - 6 Jul 2010
Historically, financial supply chain (FSC) initiatives have focused on the benefits for buyers, but it is important to highlight suppliers' benefits to guarantee a successful programme.
Detlef Henkel, Deutsche Bank - 8 Jun 2010
With globalisation, speeding up processes and the ubiquitous collection of data, information is not only key, but also a target. PCI DSS is not the only security standard, but a good start to improve a company's information security in general.
Russell Graham, Deutsche Bank - 25 May 2010
The complicated and time-consuming client onboarding process is a major source of dissatisfaction and cost for a bank customer. What can be done to reduce the complexity of the documentation surrounding onboarding and improve the overall process?
Jon Richman, Deutsche Bank - Daniel Schmand, Deutsche Bank - 6 Apr 2010
Although the financial crisis brought the situation to a head, other drivers have clearly made the adoption of financial supply chain solutions an irreversible trend, such as a need to improve working capital management. What are the key issues for corporates?
Alexander Mutter, Deutsche Bank - 23 Feb 2010
This article reviews supply chain finance developments over the past year and predicts the trends corporates can expect to see in the coming year.
James Pumphrey, Deutsche Bank - 9 Feb 2010
As the global economy recovers, the role of export credit agencies (ECAs) in facilitating trade flows is now more important than ever. The Nordic region is taking the lead in this regard.
Jens Mahlke, Deutsche Bank - 5 Jan 2010
Cards now constitute almost one-third of receivables, yet European treasury departments are still faced with a multitude of acquiring relationships when working cross-border. What is holding back a simplified pan-European cards payment environment?
Alexander Mutter, Deutsche Bank - 14 Jul 2009
With traditional lines of credit more difficult to obtain, finance divisions need to be more innovative in the ways they raise finance and manage liquidity.
Karoline von Richthofen, Deutsche Bank - 30 Jun 2009
With the EPC decision on the launch of the SEPA direct debit in November and the formal start of the end-date discussions by the European Commission, the SEPA project has received new momentum.
Fritz Philipps, Deutsche Bank - 7 Apr 2009
This article looks at ways to ensure the success of supply chain finance projects through promoting buy-in from stakeholders and major suppliers, as well as tackling connectivity issues between banks and corporates.
Graham Cox, Deutsche Bank - 24 Mar 2009
While the future for carbon trading and cap-and-trade emission reduction schemes is certainly bright, there still remain issues relating to liquidity and risk-mitigation.