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 […]
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 […]
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 […]
Building Resilience in Treasury Teams: Creating a Culture Ready for Change
In treasury, we’re no strangers to pressure. Whether it’s dealing with sudden market volatility, tackling liquidity crunches, or adapting to new regulations, the only constant in our world is change. And let’s face it, some of these changes hit us harder than we’d like. But here’s the thing: resilience isn’t just about surviving tough times; […]
Russia’s Central Bank Halts Foreign Currency Purchases Amid Ruble Depreciation
On November 27, the Central Bank of Russia announced it would suspend foreign currency purchases until the end of the year. This decision comes as the Ruble has experienced significant depreciation, losing approximately 24% of its value since August and reaching its lowest point against the US Dollar in over two years. Key Economic Factors: […]
Top 5 Strategies to Control Costs in Cross-Border Finance Operations
This article is written by HedgeFlows Managing finances for a business involved in international trade introduces complexities and hidden costs that can affect profitability. To safeguard your financial outcomes, it’s crucial to identify and mitigate these expenses. Here are five key strategies to help finance teams optimize costs in cross-border operations. 1. Scrutinize Foreign Exchange […]
Navigating Foreign Exchange and Interest Rates in Nigeria: My Experience at the Treasury 360 Conference
The Treasury 360 conference, organised by the Association of Corporate Treasurers of Nigeria, was an eye-opening event that brought together some of the brightest minds in finance to address the pressing challenges facing Nigeria’s economy. The event offered a rare glimpse into the critical challenges and strategies shaping Nigeria’s financial landscape. As a non-treasurer, I […]
Communication is Key: How to Communicate Treasury Changes Across the Organization
Change is never easy, especially in a corporate treasury context where every adjustment ripples across departments and processes. But let’s face it: treasury is often seen as the “black box” of finance, and poorly communicated changes can reinforce that perception. If you want to drive impact—and get people on board—you need to do more than […]
Montenegro and Albania Join SEPA: A Major Step Forward for Payments in Europe
The Single Euro Payments Area (SEPA), a framework enabling seamless euro transactions across member countries, has expanded its geographical scope to include Montenegro and Albania. Announced on November 21, 2024, this significant milestone paves the way for these nations to officially join SEPA’s payment schemes in April 2025. This inclusion marks progress in aligning their […]