Zanders has decided to participate in the ISO 20022 Payments Standards Evaluation Group (SEG). This is a milestone event as Zanders continues on its growth strategy to help corporates become better, smarter and more efficient in the way they work. To help explain the significance of this decision, we need to consider Zanders’ broader engagement in the global financial standards domain.
With SAP recently focusing heavily on developing its S/4HANA Cloud solutions, now is an opportune time for corporate executives to investigate the deployment options and weigh up the investment versus the benefit of each. Changing IT infrastructure and systems is costly, and executives need the right knowledge to make informed decisions to best meet their current and future demands at the optimal price point. What are the best options?
The corporate landscape is being redefined by a plethora of factors, from new business models and changing regulations to increased competition from digital natives and the acceleration of the consumer digital-first mindset.
Analyzing data from a treasury management system and ensuring it is up to date and accurate is key to making effective decisions for any corporate treasurer. Over recent years, SAP has added an array of products in the data warehousing, reporting and analytics space to assist decision-making as well as address some of the historical weaknesses in its reporting capabilities.
Continuous Linked Settlement (CLS) is an established global system to mitigate settlement risks for FX trades, improving corporate cash and liquidity management among other benefits. The CLS system was established back in 2002 and since then, the FX market has grown significantly. Therefore, there is a high demand from corporates to leverage CLS to improve corporate treasury efficiency.