Research from Siemens Financial Services has revealed that liquidity remains the top financial priority for European companies as they focus on obtaining working capital at a reasonable price. In a survey of Europe’s top 1000 company financial managers, Siemens found that gaining liquidity, in an economic atmosphere where lines of credit continue to tighten, was the top financial priority for European businesses through to the end of 2005. The report found that the second top concern for European business was to replace the financial stability of relationship bank lending with other sources of mid- to long-term finance, cushioning those companies from temporary market and economic volatility. Siemens Financial Services also predicts that almost 11 per cent of current relationship lending volumes are expected to have switched to alternative financing approaches (asset-backed finance, leasing, private equity, etc) by the end of 2005 in Europe.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more