From 7 to 11 November, AFP organized its annual ‘Treasury and Finance Conference’ in Washington D.C.. The event was one of the first major conferences with an in-person component. As every year, Zanders was present at this event with a stand and various informative sessions..
The mid-market, consisting of companies with turnover between EUR 200 million and 2 billion, has flourished considerably in recent years. This growth often creates pressure on the finance function, which is given additional tasks that usually belong to treasury. No resourcing is yet available to support treasury activities such as hedging, cash flow forecasting and FX trading. An important aspect of your company’s growth strategy is determining its treasury maturity using Zanders Treasury Risk Maturity Model (ZTRMM). The ZTRMM supports with assessing the treasury maturity and defining applicable measures to mitigate financial and operational risk.
Treasury transformation is happening at a rapid pace, and for many organizations this means a significant growth in the need for collaborative working and partnerships. This is an increasing trend and can involve the support and guidance of a specialized treasury support service provider. How can organizations ensure they’re partnering with the right service providers?
What will the next year bring for corporate treasury? Now that we have passed and are still in an uncertain period, it is time to discover opportunities to reposition and prepare for new challenges and developments. How should you, as a treasurer, prepare for another unpredictable year? What can your company, and the treasury organization specifically, do to add value by recognizing the trends? How can Treasury contribute to dealing with current challenges in global supply chains?
With the publication of the draft implementing technical standards on disclosure requirements for Interest Rate Risk in the Banking Book (IRRBB), the European Banking Authority (EBA) has taken another step in completing the regulatory IRRBB framework. The standards include both a qualitative and a quantitative template.