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ION Treasury named Best Cash Forecasting Provider at the Global Finance Treasury and Cash Management Awards 2022

ION Group

LONDON — 9 February 2022: ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, The post ION Treasury named Best Cash Forecasting Provider at the Global Finance Treasury and Cash Management Awards 2022 appeared first on ION.

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ION Treasury named Best Cash Forecasting Provider at the Global Finance Treasury and Cash Management Awards 2022

ION Group

LONDON — 9 February 2022: ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, The post ION Treasury named Best Cash Forecasting Provider at the Global Finance Treasury and Cash Management Awards 2022 appeared first on ION.

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Don’t Sign That Check – Yet!!

CFO Simplified

Today, we want to introduce one high-level principle that should be used within any business to manage, direct and control the outflow of cash: The “three-way match ” or “triple match.”. Internal Controls and Risk Management in a Business.

CFO 52
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Corporate Treasurer: Adapting To The Changing Times

Capvel

The role of a corporate treasurer was confined to solely risk and cash management , but the speed and volatility of global business have transformed the responsibilities into something much bigger.

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Treasurers Understand — But Aren’t Living Up To — Rising CFO Expectations

PYMNTS

A new report from treasury management technology firm Kyriba and CFO Research Services offered CFOs a chance to lay out their wish lists for their treasurer peers, with chief financial officers pushing the treasury function to embrace a more prominent role. There are three key areas of improvement that CFOs told Kyriba they would like to see among their organizations’ treasury teams: enhanced risk management, cash management and working capital management.

CFO 44
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Treasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds

PYMNTS

But though there is evidence treasurers are stepping up to the plate, the research finds that not only are there ongoing risks that treasurers must address, many are not adequately doing so. In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important.

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ION Intros AI-Powered Treasury Solution

PYMNTS

Financial services firm ION is introducing the industry’s first treasury management solution for cash forecasting, powered by machine learning, the company announced on Thursday (Feb. ION’s machine learning strategy goes beyond cash forecasting, though.

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Busting the budget myth in cloud deployment

Future CFO

While cloud-based systems sometimes may cost a lot, we are now better at managing our liquidity; we are placing more deposits; and, we are getting higher interest rates,” said Yunusmetov. Break the project into manageable chunks. But again, we managed to do it in stages.

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Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Indeed, FX costs and fees are often the first concern for businesses, especially smaller firms, that are growing across borders and encountering unfamiliar risks of FX volatility exposure. A recent controversy at American Express highlighted that risk for SMBs.

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The company has said that the new architecture can help companies speed time to market with new features tied to, among other offerings, cash management. Cash invested on the platform, said the company, stands at $2.7

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CFO guide to thriving with risk

Future CFO

A Dow Jones Intelligence survey of 500 finance executives affirm what we know today – there is greater demand on the CFO to participate in strategic business decision-making, as well as a more diverse types of business and operational risk management.

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Business travel safety checklist

Future CFO

And because everyone has to book through the platform, we have their location with Traveller Tracker, which helps us plan for crisis management,” said Tricia Lim, executive VP of the corporate planning division at NTT Singapore.

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GTreasury Acquires Visual Risk For Corporate Treasury Compliance

PYMNTS

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). GTreasury will acquire Visual Risk, based in Australia, and integrate its solutions into its own offering to bolster its existing treasury and cash management tool.

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When Economies Sour, The Hedgers Stand Tall

PYMNTS

The conversation also underscored the growing important of currency hedging, foreign exchange and risk management for businesses of all types. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability? What are anxious corporate treasurers and cash managers to do? That’s why risk management is becoming more important to more types of companies. Silver linings. Blessings in disguise.

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Enterpay Raises Funds To Expand Internationally With B2B Invoicing Solution

PYMNTS

Our goal is to help corporates all over the world buy like consumers by digitizing the onboarding and risk management processes and improve the user experience. Enterpay already has partnerships with some of the leading Nordic businesses in credit management, invoicing, and finance. B2B Payments B2B Cash Management Digital Payments Invoicing News Venture Capital What's Hot In B2BFinnish invoicing company Enterpay announced that it has closed a €1 million ($1.1

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Futureproofing treasury and payments through digitisation

Future CFO

The new risks and market changes that COVID-19 ushered altered business norms. The global market volatility has made this a significant risk for this business, and Ho is looking to minimize the exposure and mitigate potential losses. We are in the era of the business unusual.

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APAC capital markets during the COVID-19 crisis

Future CFO

We expect Credit and Political Risk Insurance (CPRI) to play an important and increasing role in supporting lenders in mitigating risk, overcoming concentration issues and improving capital adequacy. Treasury and Cash Management AON credit market Euler Hermes JK Capital Finance

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Kerry Logistics Wins Best Liquidity Management Award Using Reval

Reval

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

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Journey To Cash Excellence – CFO Leadership

CFO News Room

Hit hard by their company’s growth, Treasurers often lose sight of their global cash. Using simple tools, such as spreadsheets , or disparate solutions to manage complex operations leads to inefficiencies and errors.

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Corporate Treasurers On The Lookout For FinTech, PSD2 And Brexit

PYMNTS

Among the speakers was Graham Taylor, Vodafone’s assistant treasurer, who emphasized the potential for PSD2 regulations to have a profound impact on corporate cash management and payments. And as treasurers embrace their strategic role and increase their presence in the boardroom, their reliance on technology for capital and liquidity management, as well as risk management, grows.

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Virtual Accounts Bring Opportunity Amid Corporate Banking Reform

PYMNTS

Basel III is a set of voluntary rules that impact banks’ risk management and capital requirements, among other things, and could lead to corporate challenges in accessing bank financing. But a new whitepaper from corporate cash management firm Cashfac Technologies, published earlier this month, offers a new spin on the impact of regulations like Basel III on corporate treasurers.

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Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities

PYMNTS

A business climate of rapid technological innovation, shifting geopolitical forces and changing risks have introduced a new conversation about the corporate treasurer: how can this position react to these trends and become a strategic part of the enterprise? Nearly three-quarters of those surveyed said senior managers are now demanding greater visibility into liquidity and risk exposures and have turned for corporate treasurers to achieve this insight.

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What are the top three priorities for corporate treasurers today?

Future CFO

Access to funding, risk management and improving usability are top of mind for treasurers today, according to results of a survey by Finastra. 57% Predict and manage risk. • 52% Predict and manage risk. APIs and cloud-based solutions will be critical if banks are to deliver on the changing requirements outlined by corporate treasurers, said Torsten Pull, senior vice president & general manager for Corporate Banking at Finastra.

CFO 40
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In the dark about global cash? You’re not alone!

CFO News Room

Five steps to improve global cash visibility. They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? Review un-trapped and trapped cash.

Treasury 130
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Quickly assessing the maturity of your treasury and cash activities

PWC UK

by Thomas Knudsen Senior Manager. Can you also say that you do not have material challenges monitoring and managing your cash and risks? Do you have the necessary data and tools available to appropriately manage FX risks? by Thomas Knudsen Senior Manager.

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Bank Single Gateway for efficient connectivity

Simply Treasury

It's the key to finally having better cash management, as multinational companies do. It is also possible to manage signature powers. Risk mitigation by automation and enhanced Internal Controls. No cash-flow transparency and absence of visibility on outflows.

Treasury 141
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In the dark about global cash? You’re not alone!

CFO Leadership

Five steps to improve global cash visibility. They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? See your global cash and risk.

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The “raison d’être” of treasury finds a wonderful example with the current health crisis.

Simply Treasury

will face "cash flow" and treasury problems soon. They're going to run out of cash. A strong crisis will remind those who doubt the value of proper liquidity management and foresight. Having cash and "committed" credit lines are absolute necessities.

Treasury 130
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The “raison d’être” of treasury finds a wonderful example with the current health crisis.

Simply Treasury

will face "cash flow" and treasury problems soon. They're going to run out of cash. A strong crisis will remind those who doubt the value of proper liquidity management and foresight. Having cash and "committed" credit lines are absolute necessities.

Treasury 130
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Journey To Cash Excellence

CFO Leadership

Cash management has become even more important– though remote work makes cash management trickier thanks to labor-intensive physical checks. These international ventures often create opportunities for growth, but they can also expose companies to foreign exchange risk.

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EACT SURVEY 2021

Simply Treasury

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The FX risk, given high volatility of markets and uncertainties, is back in top priorities.

Treasury 130
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Global Payments Survey Shows Fraud Concern and Security Investment Plans

Strategic Treasurer

Among the top findings were the following points: Multiple Systems and Security Fraud Management Top List of Payment Challenges. The second highest challenge for all firms overall was security fraud management at 49%.

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Reval Wins Best Treasury Analytics 2017 Award from Global Finance Magazine

Reval

Third Industry Award Earned this Month for Treasury Management System. The award follows Reval’s recent Treasury Management International awards for Best Treasury Management System and Best Bank Connectivity.

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Investment Banking vs. Corporate Finance: What’s the Difference?

CFO News Room

It could also be said that investment banking roles are tasked with growing a company from a capital perspective, while the corporate finance industry is employed in order to manage a company’s capital and strategic finance-related decisions.

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Digital Payment Company Nexi Agrees To Buy SIA For $5.4B

PYMNTS

Under the agreement, Nexi's partner banks will be able to offer their clients the full suite of Ebury services, including international cash management, FX risk management and import/export lending. Nexi , the Italian digital payment company, agreed Sunday (Oct.

Banking 57