Treasury Leadership: Balancing Hard Skills and Soft Skills
In today’s fast-paced and complex work environment, it’s crucial to strike a balance between hard skills and soft skills. The role of treasury within organizations is becoming increasingly strategic, driven by global economic volatility, advancements in technology, regulatory changes, and the need for enhanced risk management. Developing soft skills, on the other hand, relates to…
Lsandroni
Treasury Masterminds; Year 1. Reflections on our Inaugural Year
A simple idea—that’s how it all started. Treasurers love networking, and I love networking. Great things happen at conferences: we share ideas, projects, tips, and tricks. We have fun! We also get to know each other because treasury is a relatively small community. But, yes, there was a “but.” We only met 2–4 times a…
Franklin
The Keys to Managing Cash Across Multiple Banks
This article is written by our content partner, Nilus Following the SVB and Credit Suisse fallouts, the risk of keeping your cash in one bank has risen to the forefront. Companies, both small and large, have shifted to multiple banks in order to keep their cash safer. Unfortunately, managing cash across multiple banks is a…
Feedback Loops: How to Measure and Sustain Change in Treasury Operations
Treasury is a function focused on managing cash and financial risks that a company faces. How would a perfect Treasury look? It’s one that allows the organisation to operate in a risk environment aligned with its risk appetite while doing so with finesse and ease in an efficient manner. Are there many perfect Treasury teams…
FX Hedging for Beginners: Reduce Foreign Currency Risk
This article is a contribution from one of our content partners, Bound What is FX hedging? FX hedging is a currency risk management strategy businesses use to protect themselves against losses caused by fluctuations in foreign exchange rates. Essentially, this means a business purchases financial products to protect itself against unexpected movements in exchange rates. …
DEME’s Treasury Transformation: Driving Efficiency and Mitigating Risk Across Borders
This article is written by EuroFinance DEME has been recognised with the Risk Management & Resilience Award from EuroFinance. This award underscores DEME’s strategic initiatives to bolster its treasury operations, particularly its advancements in payment controls and sanctions screening. In an ever-evolving financial landscape, resilience and adaptability have become cornerstones for companies striving to maintain…
The Digital Euro: A Comprehensive Update on the European Central Bank’s Digital Currency Initiative
The European Central Bank (ECB) has recently released a progress report (Progress on the preparation phase of a digital euro – Second progress report) detailing the development of the digital euro, providing insight into the ongoing digital currency project. Since November 2023, the ECB has been actively working on the digital euro initiative, gathering comprehensive…
The Soft Skills that Drive Treasury Success: Collaboration, Negotiation, and Empathy
In today’s dynamic and complex financial landscape, the role of a treasurer extends beyond traditional responsibilities such as liquidity management, risk assessment, and capital structuring. While technical proficiency in treasury functions—such as cash forecasting, funding, and investment strategies—is essential, soft skills are emerging as critical differentiators for success. Specifically, collaboration, negotiation, and empathy are the…
Navigating the ISO 20022 Migration
This article is written by Kyriba Understanding ISO 20022 ISO 20022 is a universal translator for financial data that uses XML-based data elements, allowing different financial systems to communicate seamlessly. It can also replace local proprietary bank-specific payment initiation or statement reporting formats. Consider a future where managing multiple messaging formats is a thing of the past…