Foreign exchange and shifts in politics are the most important areas of treasury risk for treasurers, according to original research by GTNews.
The research, carried out late last year, found FX to be the most important area of treasury risk, with 61.5% of treasurers noting it as a concern. Country/political changes and liquidity came a joint second, with 53.8% citing them as important.
As the UK prepares to decide whether or not to leave the EU on 23rd June, these findings paint a picture of uncertainty for today’s treasurers.
At this year’s Treasury Innovation Forum, a new event for senior corporate treasury and finance professionals taking place on 29th June, we’ll be addressing these hot topics and launching the findings of this survey in a one-day forum with industry experts including:
– John Stepek, Editor of MoneyWeek
– Jane Lowe, Secretary General of the Institutional Money Market Association
– Caroline Stockmann, CFO for British Council
– Tom Gilliam, Treasury Manager – Risk at SABMiller
– Kevin Pinnegar, European Group Treasurer for Honda Motor Europe Ltd
In a series of interactive discussions, we’ll be covering topics including emerging markets, what might come after Brexit, the future of Treasury Management Systems, and the impact of IT on treasury transformation.
When it comes to corporate innovation, debates on technology and sponsoring commercial activities have a limited value threshold if it is not coupled with innovative actions, Omeed Mehrinfar, Plug & Play, told an audience of treasurers.
Using data for predictive analytics is the future of banking success, argued Jean-Laurent Bonnafé, CEO of BNP Paribas, in his session on how the bank is reinventing its approach to innovate with and for corporates.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
On the third day of the Singapore Fintech Festival conference, there was a focus on specific applications of fintech innovation. One was trade finance, which is clearly is ripe for a revolution.