Whitepapers
Kyriba
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26 Mar 2013
The role of the treasury team has moved far beyond cash management. Organisations now look to treasury to provide detailed financial and economic analysis, and offer deep strategic insight. Treasury can no longer be just a functional role, and now needs to be a strategic partner, supporting multiple business units throughout the organisation. Download this whitepaper to find out how your treasury team can deliver significant business value to the organisation, including merger and acquisition decision making, forecasting economic impact to the business, market expansion, corporate governance and supply chain performance.
This whitepaper examines the results
into a survey Experian undertook with the treasury departments of
global companies. The survey examined the state of readiness of
respondents to meet the SEPA end date deadlines of February 2014.
The results illustrate which aspects of SEPA migration corporates
are tackling and when they are likely to carry out the necessary
work as well as highlighting the implications of non-adherence to
SEPA deadlines.
Misys
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11 Feb 2013
Is your payment infrastructure ready for SEPA? With just twelve
months to go, 48% of organisations already have a project in place
to meet the requirements; does your Bank? Download the new white
paper from Misys for all of the information on the incoming
regulation and how to meet it: SEPA migration key facts and
dates, including visual summary infographic, specific requirements
for SEPA migration and going beyond the basics; how to use the SEPA
deadline as an opportunity to improve the efficiency of your
operations.
Reval
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1 Feb 2013
The annual gtnews Treasury Management Systems (TMS) Survey is an
invaluable guide to the range, use and effectiveness of treasury
management systems (TMS) around the world. The 50-page report this year
is sponsored by Reval and includes many charts and tables, and an expert
commentary.
With one year until SEPA deadlines, the need to hold bank
account data in valid IBAN (International Bank Account Number)
format is pressing. This whitepaper examines the issues around
migrating data to IBAN and looks at the error rates that may be
found in IBAN records and the implications of this on SEPA
migration. With BIC (Bank Identifier Codes) remaining key for cross
border payments the whitepaper also looks at the error rate in BIC
information and the impact this may have on
straight-through-processing of SEPA transactions.
There is a growing need for corporate treasurers
to be more responsive due to the current poor global economic situation. The
demanding situation on corporate treasurers invariably leads to Treasury
automation and centralized treasury operations to unearth hidden funds and to
de-risk the operating environment. One part of Treasury automation and
centralized operation is efficient cash life cycle management using Corporate
In-House Banking (IHB). This brief paper discusses how the addition of Liquidity
Management solution to a typical IHB system adds considerable value to
corporates, thus providing considerable edge in the market space to the IHB
solution provider.
There are many ways to reconciling a corporate’s accounts at the end of a month, a period or a financial year. How efficient in terms of costs, time and risks the different options are and which type of company can benefit best from which option, will be the focal point of this paper.
In today’s markets we see multinational companies’ trust in sovereigns and banks evaporating. Protecting assets and the ability to quickly centralize cash are all-important. With millions typically held in current accounts, many treasuries realize the opportunities to improve control over cash flows and to reduce borrowing and banking costs. BMG’s Cash Pool is an efficient multi-currency account structure providing full working capital control across countries, banks and currencies. Our unique solution enables you to use the best-in-class banks and yet bring it all together centrally. Read the full story to find out how Cash Pool meets your corporate objectives.
GXS
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16 Oct 2012
Corporate treasury departments are facing extraordinary challenges on a global scale with the complexity of corporate-to-bank (C2B) connectivity amongst them. Take a closer look at the complexity-causing issues of cost to connect to multiple banks, transaction standards complexity, operational constraints and the lack of integrated interfaces to shed light on the optimal solution to C2B connectivity. The answer does not lie in technology alone, but rather a combination of technology, experience and the right skills. A comprehensive list of key attributes for choosing a C2B connectivity partner is essential and available in this whitepaper.
When Aegon’s Corporate Financial Center was due an upgrade to its Wallstreet Suite treasury management software, it was a good opportunity to deep-clean the legacy data and completely re-configure the instruments set-up. SkySparc, the financial consulting firm dedicated to Wallstreet Suite, worked with Aegon on the project, cleaning the data, mapping it to the new requirements and thoroughly testing it ahead of migration to the new ASP environment. SkySparc’s automated reporting, testing and integration platform SkyREPORT was key to ensuring the work was completed on-time and to high quality. Read on for the full story.
There are two technological requirements for global and regional banks and other financial institutions - the need to centralize and consolidate their applications and the need to reduce total operational costs. Is there a solution to achieve both - centralize and reduce operational costs? Polaris’ FT Grid offers the ideal solution to meet both these requirements. However, this solution does raise the usual share of questions - Is the model secure? Does it truly provide a higher ROI? How does it work? And so on. This whitepaper attempts to answer these questions by providing an overview of Polaris’ offering on the Cloud - the FT Grid.
Corporate treasury professionals face more challenges than ever before – including reduced liquidity, enhanced volatility, more complex transactions, and inefficient, fragmented processes and policies that result from maintaining multiple banking relationships. Firms can lose valuable time, money, and opportunity correcting returned payment instructions if bank data is not accurate, up-to-date, and accessible when needed. Maintaining a correct and up–to–date bank master can help avoid the need to correct returned payment instructions, eliminate production delays and loss of vendor services, access the highest quality payments data to drive complex financial functions and increase efficiency of corporate payments within SAP® systems.
Corporate treasurers today are faced with numerous challenges due to the ever-increasing complexity of a globalized economy and demands for compliance. While much focus has been on the company’s performance in the key financial areas in the past year, there is, yet, significant room for improvement in relation to the management of bank accounts and signatories. This paper looks at the challenges and the benefits of an effective bank account management. It specifies the key criteria for professional technology to achieve global visibility, streamlined processes, cost reductions and compliance in eBAM.
gtnews
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26 Jun 2012
The 2012 gtnews buyer’s
guide to treasury management systems (TMS) examines if the ease-of-use benefits
of spreadsheets can be incorporated into the comprehensive risk management and
reporting capabilities of the TMS. It also explores the slow emergence of cloud
technology in the TMS arena, plus the fast developments in electronic bank
account management (eBAM), and how best to implement a new TMS on time and on
budget. Three treasurers also outline the steps they took when choosing a
system.
Europe's crisis is accelerating. Greece is running out of money fast, banks are swooning and global markets again are held hostage by the Eurozone’s turmoil. The latest BlackRock Investment Institute publication discusses critical upcoming events, reviews potential scenarios and gives tips on how investors can best position themselves.
The announcement of SEPA end dates as February 2014 has added impetus to the drive to convert bank account details to IBAN (International Bank Account Number). However research shows that conversion without validation of the underlying BBAN (Basic Bank Account Number) may lead to a payment failure rate costing the equivalent of €6 for every account number held. Experian’s whitepaper examines where and how error occurs, how error rates vary across different countries and industry sectors and what can be done to mitigate this risk and drive down the cost of SEPA migration.
gtnews
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27 Apr 2012
The 2012 gtnews buyer’s guide to SWIFT service bureaus (SSBs) examines the impact that Alliance Lite2 will have on the SSB market, why status messaging is useful, and emerging technologies such as cloud and dashboards. It also includes a case study highlighting the benefits ITV treasury gained by moving to an SSB and how six treasurers from different industries achieved senior management buy-in for their SSB projects.
Companies are increasingly feeling the impact of the new European standard for payments. Every company is different and as a result the business case can vary strongly. It might be enough to follow a minimal scenario but it could also be attractive to investigate the benefits of SEPA and implement those into your organization.
Credit risk management is generally not a core activity at firms outside of the banking and financial services sector. The objective of this paper is to: 1) Outline Moody's Analytics recommended best practices in credit risk management for CFOs, corporate treasurers, and financial analysts at corporations involved in managing supplier risk and customer credit risk, 2) Highlight the benefits derived from implementing these practices within an organization, and 3) Explain how corporations can implement effective credit risk management methodologies, technologies and policies.
FINCAD
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29 Feb 2012
Hedge effectiveness testing, credit value adjustments and the latest regulations by KPMG and FINCAD - 73% of treasuries reported that they conducted hedge effectiveness testing to improve financial risk management and reduce income statement volatility. Nearly 30% see it as one of their biggest challenges. How to effectively overcome the challenges associated with this process and adhere to the complex rules of hedge accounting is top of mind for most organizations. This whitepaper from KPMG and FINCAD offers insight into how to comply with hedge accounting standards. Learn the appropriate methodologies for hedge effectiveness testing, how to include credit risk and ultimately what documentation is typically required to ensure your hedge accounting process is accurate, consistent and efficient.
Historically, the majority of business credit decisions made by credit departments are based on data purchased from one of the major credit bureaus, i.e., Dun & Bradstreet (D&B), Equifax, Graydon or Experian. These companies provide various types of generic credit reports and associated services where the information contained comes from a relatively small number of data providers, approximately 6,000 of the 20 million companies operating in the US, for US-based credit bureaus together with various forms of public record data such as liens, judgments and published financial statements. Additionally, information may be provided by trade associations and of course the company’s own operating experience with their customers. Generic scores, credit bureau reports and data can be used either as a stand-alone evaluator or as a component of a judgmental-based model.
The dynamics of growth in the Banking and Financial Services sector faces challenges of addressing necessary change management. Global Implementation also becomes difficult due to changing and dynamic implementation timelines, increasingly complex global roll-outs with multiple simultaneous streams and cost, schedule and effort overruns in multiple locations across multiple lines of business. Financial institutions can address these challenges by leveraging their internal knowledge repository. There is a need for a framework to assist in implementing Financial solution initiatives through progressive modernization in a non-disruptive manner and with a high degree of flexibility, scalability, predictability and repeatability. This whitepaper explains such a framework.
Reval
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16 Dec 2011
Corporations held a record $2.05 trillion in cash at mid-year 2011. This is in part a response to liquidity worries during the financial crisis, which caused companies to build war chests, and in part due to a lack of prudent utilization opportunities. When opportunities return, companies will deploy the cash, although balances will probably remain higher than normal. In the meantime, corporations cannot be sanguine about their cash; it’s an asset that needs to be vigorously tracked and risk-managed. This is particularly true as bank relationships and fee structures change, counterparty risk exposures evolve,and FX markets continue to see volatility as the result of the Eurozone crisis. A number of industry best practices can help.
In the three years since the collapse of Lehman Brothers, many CFOs and treasurers have worked diligently to apply the lessons learned from the global financial crisis. The crisis revealed shortcomings in many treasury groups. Now executives are striving to fill those gaps in areas such as cash management and risk management. CFOs and treasurers are seeking solutions that combine a new category of integrated treasury technology with expert advice in order to optimize their treasury operations. The executives who are able to quickly understand and implement these solutions can establish world-class operations and protect their organization's financial positions in today's global economy – an economy which is so volatile, it continues to focus the minds of CFOs and treasurers on the risks they face.
Reval
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16 Nov 2011
In the three years since the collapse of Lehman Brothers, many CFOs and treasurers have worked diligently to apply the lessons learned from the global financial crisis. The crisis revealed shortcomings in many treasury groups. Now executives are striving to fill those gaps in areas such as cash management and risk management. CFOs and treasurers are seeking solutions that combine a new category of integrated treasury technology with expert advice in order to optimize their treasury operations. The executives who are able to quickly understand and implement these solutions can establish world-class operations and protect their organization's financial positions in today's global economy – an economy which is so volatile, it continues to focus the minds of CFOs and treasurers on the risks they face.
Money market funds (MMFs) have seen steady growth in recent years as investors recognise the advantages these investment vehicles can offer over other liquid cash investment options. However, MMFs can differ from one to another. Therefore, investors should ensure that they fully understand how different MMFs operate before choosing a fund or funds that can help them to meet their investment objectives.
Agile development is a modern approach which promotes frequent inspection and monitoring, encourages team work and self-organization, rapid delivery of high quality software and finally alignment of customer needs with company's goals. This methodology is being used extensively across the globe. Scrum is one of the commonly used Agile Methodology. This white paper talks about some of the common pitfalls of this methodology and how they can be handled. It also talks about why Risk Management is important and how a checklist can help in the process. This paper also talks about how risk management process can be implemented in agile projects.
This J.P. Morgan Global Trade white paper discusses the evolution of Supply Chain Finance and its recent critical role in sustaining the global recovery, both in emerging economies and the developed world. Taking a close look at Supply Chain Finance post-crisis, it examines how major corporates are strategically applying this form of financing to support their working capital strategies, as the next generation of Supply Chain Finance takes shape and capital markets solutions develop further to add to the sophistication of the proposition.
Exidio
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19 Sep 2011
This white paper discusses the benefits that a bank achieves by providing its corporate customers a cash forecasting solution. It introduces the Nordea case about how a Nordic bank has successfully complemented their cash management service offering through partnership with a SaaS provider of cash forecasting solutions.
gtnews
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5 Aug 2011
The gtnews 2011 Buyer's Guide to TMS explores whether corporate treasuries are getting the most out of their TMS. It also looks at added functionality that treasurers believe would bring the biggest improvement to their TMS and some of today¹s considerations in evaluating technology for measuring, managing and reporting risk in treasury operations.
Better understand how SWIFT Corporate Access can be utilized to increase efficiency and establish an effective treasury management operation. Learn what points to consider to help maximize the effectiveness of this tool.
Learn how Treasury managers are finding opportunities to meet their sustainability and operational objectives. Sustainable business practices can drive better financial performance today and a better future for our planet. This insight is gaining traction within corporate Treasury departments, where traditional paper-based operations can easily generate 5.5 tons of paper every year.
Cybercrime is a faceless threat that affects individuals, organizations and governments worldwide. Learn about the latest tactics of these digital pirates and privateers — and how to protect your organization from attack.
SmartStream and gtnews conducted a bank treasury survey in June 2011 to elicit insight into current bank treasury strategy and how banks are adapting to new market conditions. The questions focused on top priorities in treasury, intraday cash and liquidity management, and the level of straight-through processing (STP) in an organisation’s daily processes. A total of 178 respondents participated in the survey.
gtnews
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1 Jul 2011
This buyer’s guide examines the state of play of the SWIFT for Corporates offering, takes an in-depth look at the pain points that service bureaus ease for corporates when trying to join SWIFT and also goes through SWIFT’s accreditation programme to ensure that a service bureau partners meet the minimum security standards, including secure operations, obligations of confidence, SWIFTNet interface qualification programme, outsourcing, hosting and verification of compliance.
gtnews
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21 Apr 2011
The buyer’s guide explores the ‘new normal’ of an increasingly volatile world - all treasurers, no matter which industry they operate in, have had to cope with the sheer volatility of the markets. It includes in-depth features on the top three risks facing treasurers today: liquidity, foreign exchange (FX) and counterparty risk
FINCAD
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5 Jan 2011
The relationship between corporations and banks is about to change. Basel III’s mandate for banks to shore up capital to meet tighter requirements means a closer examination of corporate client bases to whom they lend. Corporations that understand their own exposures and risks, and that demonstrate such understanding, will have information and negotiation advantages when dealing with their bankers. Now, more than ever, capital will favour transparent corporations. Are you prepared?
Typically, when an industry sees increased competition the existing players are faced with three options - get big, get niche or get out. This poses the largest threat for middle-tier institutions who find themselves squeezed from both sides, with the larger institutions breaking up their operations and the smaller institutions scaling up. So what can the middle tier players do? This paper, The Middle Ground, highlights some of the approaches the middle tier players can take, and identifies future challenges these banks and their treasury operations face.
gtnews
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26 Oct 2010
This buyer’s guide examines what new functionality is available in treasury management systems, outlining how to make the business case for a new system and how to choose the right TMS for your company, as well as following the debate as to whether to build in-house or buy off-the-shelf.
Stress Testing is the second White Paper in a four-part series which explores the current challenges and choices bank treasuries face. This paper explores the issues banks face in adapting their current stress testing regime to comply with recent regulatory changes
The Treasurer's Triangle is the first White Paper in a four-part series which explores the current challenges and choices bank treasuries face. This paper explores the dynamic and often conflicting relationship between credit, liquidity and returns and identifies future issues bank treasurers may encounter in managing their bank's assets and liabilities.
Treasury Challenge: TUI Travel had legacy disparate systems which needed to be integrated. Their key criteria included a single database with multi-site access, deal processing and exposure monitoring with flexible reporting, full SWIFT message processing capability, and standard interfacing to other internal TMS tools. The OpenLink solution streamlined processes, improved efficiency and transformed the treasury function into an enabler for business integration and growth for the newly formed company.
gtnews
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5 Jul 2010
SWIFT connectivity offers corporates a single pipeline to many banks - yet many corporates still believe it is expensive, too complex to manage and very cumbersome to join. As SWIFT changes to make it easier for corporates to access the network, service bureaus are stepping in to shoulder the technical and administrative burden.
As a financial professional, you oversee the numbers that appear in financial statements. For months, you've seen these numbers wildly fluctuate. In today's global economic turbulence, do you have complete understanding how day-to-day business operations impact your financial statements? With insight into your global supply chain's needs, you can help develop and implement strategies that optimize working capital, mitigate risk, and drive business process efficiency.
Zeus, the Trojan virus used to steal online banking data from infected computers, is now more powerful than ever, according to recent research from Trusteer. This white paper discusses the Zeus threat and looks at the IdenTrust Trust Gate solution which is available for as little as $6 and could prevent a hacker from illegally authorising transactions worth hundreds of thousands of dollars from your corporate bank account.
The globalization of the economy has had an immense impact on the way large corporations are managing their cash and liquidity. Many corporations have reacted by taking steps to standardize and harmonize their finance processes across entities and regions by establishing regional shared service centers and implementing centralized back office systems. This whitepaper discusses the advances taking place in today’s payments services landscape. What were once payment factories simply offering a hub for processing payments, are now evolving into holistic corporate transaction banking systems that can offer corporates a means of managing all transactions that flow to and from their banks.
Corporate Treasury operations are awash in paper, and a new report by J.P. Morgan can guide them to a sustainable future. “Sustainable Treasury Management: It’s Easier Than You Think” examines each component of Treasury operations—from cash and receivables collection to disbursements processing and storage of reports and other financial and customer data—and outlines best practices that are good for business and good for the environment. Each section presents specific case studies that demonstrate the benefits of electronic Treasury solutions. The report also introduces function-specific Eco Analysis Worksheets that can help corporate Treasurers calculate the benefits of going green.
SunGard study reveals requirements for increased connectivity between suppliers, buyers, banks and other trading partners.
Shared services mean many things to many people. Most often shared services are equated with cost reductions. But cost effectiveness is just the tip of a much larger value proposition. This paper focuses on back-office shared services relating specifically to finance and accounting shared services including receivables, treasury and payments management. A critical area for any company—and not just for the cash flow implications—these key focus areas have intertwining relationships with numerous profit drivers.
Learn how Hollister, one of the world’s leading suppliers of healthcare products, took their corporate card program global. By migrating from paper checks and petty cash to card-based electronic payments Hollister reduced its operating costs, streamlined the payables processes, improved protection against fraud and abuse, and made cash flow more visible, manageable and predictable.
In these trying economic times, companies all over the globe are seeking alternatives to borrowing while looking to improve their cash collection practices. While challenging, these goals can be met by leveraging best practices and automated order-to-cash solutions. Learn how best in class companies have unlocked hidden cash in their accounts receivables through strategic workflow combined with a risk based collections practice. Case study companies featured have lowered days sales outstanding (DSO), reduced bad debt expense and increased productivity.
In the current economic downturn, more than ever, banks need to manage their pricing policies effectively to retain their existing customers and gain new ones. From strategy to implementation, this white paper is brought to you by ILOG, an IBM Company and analyzes how banks can achieve organic growth.
gtnews
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28 Oct 2008
This year, gtnews conducted its first global recruitment survey. This report highlights some of the key findings and draws some conclusions for the future of treasury, as we enter an uncertain period in global finance.
The liquidity of Danish companies has been under increased pressure due to lower credit limits as well as rising interest expenses. These conditions increase the focus on the non-interest-bearing assets and liabilities on the companies' balance sheets and working capital in particular. In cooperation with Danske Bank, Ernst & Young, a working capital survey was carried out in June 2008 to investigate the status of Danish companies' working capital management and to consider the challenges they face. The research was carried out amongst those responsible for finance & treasury amongst Denmark's 500 largest companies. The resulting report presents the findings of the research supported by expert commentary and conclusions.
Corporate adoption of electronic hotel folio content is growing rapidly as more and more hotel chains develop the capability to provide content to companies, typically through their corporate card issuers. In a recent survey by MasterCard Worldwide and ACTE, 20% of polled travel managers were receiving hotel folio data, compared to only 12% three years earlier. And even respondents who do not currently receive folio data are aware of the value it can provide: 80% plan to implement the capability. These findings are supported by expense management tool providers and the hotels themselves, all of whom are experiencing increased demand for the content.
Forces such as innovation, the need for more efficient cash flow management models, cross-border trade and new industry standards are impacting and shaping the future of the B2B payments industry.
This newsletter provides treasury professionals globally with the latest Treasury Recruitment news and provide in-depth analysis of current market trends.
Business Control Solutions hosted an event at the Tower of London on 28 February 2008 to highlight the challenges for banks to reduce operating costs while improving control. This report has been produced from the analysis of data collected during an anonymous survey of 35 delegates at the event. It finds that lack of control, poor internal communications and shorter reporting timescales are the key challenges for improving financial control and regulatory reporting.
These slides accompanied a Webinar on 27 November, which discussed benchmarking and best practices for commercial card programmes. The Webinar also looked at industry trends, key benefits, program optimisation and recommended best practices.
These slides are part of a Webinar chaired by MasterCard in September 2007. The discussion touched on topics including how companies are expanding the scope of their corporate card programs across borders and the global challenges and strategies involved in achieving this.
The past few years have seen corporate treasuries bombarded with material about SEPA (single euro payments area), much of it urging premature or irrelevant action. This has engendered considerable 'SEPA fatigue', but greater certainty about key SEPA elements has created a different decision environment. Dhiru Tanna, Senior Vice President at Bank of America, explains how this new certainty now makes planning for SEPA a highly worthwhile exercise. Sign up today for the white paper. Save the date! Bank of America/gtnews Webcast on SEPA - January 29, 2008.
Barclays Stockbrokers publication - Smart Investor – provides a wealth of information around trading strategies, sector focuses and new product developments. As part of our client offering, we also offer a Corporate Service for companies wishing to provide dealing services to their customers, shareholders, and employees. Clients include investment banks, IFAs, lawyers, accountants, other financial services companies and affinity groups.
Save hundreds of thousands of euros by fully reclaiming your company's VAT on all travel expenses as well as all other types of purchases. This paper describes the basic VAT framework and options to recover VAT, and how fully integrated payment card and VAT recovery services are making VAT recovery easier and more profitable than ever before.
Advances in technology have transformed the global marketplace at a rapid rate, creating a landscape nobody could have imagined just a decade ago. Instant and efficient electronic transactions are now an expectation rather than a convenience, and the Internet has become an essential component of 21st century commerce and communication. However, the same technologies that fuel our economic growth have created areas of vulnerability that threaten the integrity, availability and confidentiality of enterprise information and customer transactions.
With international wire transfers, a comprehensive AML system should allow an investigator to review the activity of the banks and countries, showing the wire record displays of the originators and beneficiaries of fund transfers. This whitepaper highlights the main risk factors to be addressed in this process.
The challenge of enterprise-wide defence is to defend an organisation from a multitude of threats and vulnerabilities. Defending an organisation includes defending the interests of all the stakeholders, and consequently it is an extremely responsible station. Corporate Defence Management (CDM) represents a holistic solution to the challenges facing corporate defence.
SEPA Direct Debits (SDD, formerly PEDD or Pan European Direct Debits), a part of the overall Single Euro Payments Area (SEPA) initiative, is the payment instrument and scheme that by 2010 will have totally replaced currently existing domestic direct debiting schemes. The SEPA Direct Debits whitepaper, written Clear2Pay highlights banks’ requirements in terms of direct debit processing. These requirements include acquisition from customer channels, ”On-us / off-us” routing & processing of “on us” transactions, mandates verification, validation of incoming direct debits against list of stop payments, exception management (unpaid items in particular), interfacing with PE-ACHs (e.g. STEP2), customer reporting, generation of accounting entries based on configurable accounting rules, verification of compliance with direct debit scheme timeline rules and representation of other banks within the central clearing infrastructure (e.g. STEP2).
HP
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19 Feb 2007
Description: By driving revenue through the use of payments information, this whitepaper describes how you can leverage your correspondent bank network and corporate customer base to take advantage of a number of business opportunities, such as identifying and eliminating revenue leakages, retaining customer liquidity and expanding the business in new geographic markets.
HP
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23 Jan 2007
SEPA is a regulatory and legislative driven initiative that will significantly reduce payments-related revenues for European banks while incurring substantial costs for SEPA compliance. This Open Payments whitepaper from HP discusses and identifies how banks can leverage the benefits of SEPA through operational and IT consolidation.
Developing a business case for a real-time cash reporting initiative doesn't require a lot of time or investment, but it does demand careful planning and clear objectives. This document provides a good starting point by outlining some of the major benefits of real-time information that banks have built business cases around.
'Low default' sectors present a particular challenge for internal rating system development and validation, due to either the limited number of defaults or small sector sample sizes on which to develop models purely based on a bank’s historical default experience. The stability across geographies and sectors of Standard & Poor’s ratings default histories provides an alternative data set to help meet this data gap. This whitepaper offers guidance on how to use the S&P data successfully.
What does it take to succeed at IPO in China? No-one sets out to fail. Many companies who have failed have done so with the advice of some of the most reputable banks and institutions in the market. So why do so many Chinese companies fare so poorly after raising capital? Competitive Capital has conducted a survey of IPO’s over the past five years and identified a number of distinctive characteristics that generally define what separates the winners from the losers. This whitepaper presents their findings.
The manufacture and sales of the goods or the services a company provides are its most important core activity but the making and collecting of payments is vital to ensure sufficient liquidity is available to run the business. It is essential that payments and collections be made as effectively and efficiently as possible. This Barclays paper reviews how to maximise the benefits of Straight Through Processing (STP) in the making and collecting of payments.
QUMAS
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20 Nov 2006
Compliance departments in global financial services institutions are taking their place at the centre of the risk management processes of their organisations. But what does this mean for the way they are organised, how they go about their work and relate to other functions? This paper is the first in a series which sets out to explore the challenges they face. It presents first the regulatory drivers for change, describes the challenges facing compliance officers, then drawing from the remaining papers in the series, sets out practical steps that they could take to bridge the gap.
How well do you understand the implications of SEPA and is your organisation ready to meet the challenges of SEPA? If you need practical advice on getting the most from the SEPA opportunity, this guide will help you understand what is happening, how it may impact your organisation and what you can do to benefit from the changes that lie ahead.
This Financial Insights case study examines the market drivers, strategies, features, and value created by HSBC's Accounts Payable Integration Service. What is the current market environment and what business drivers and organizational or management challenges do corporate and commercial clients face in their accounts payable? This case study discusses the benefits of extending payments and invoicing capabilities into accounts payable business process outsourcing (BPO) and the advantages of an integrated financial supply chain solution that encompasses both payments and finance.