Digital Transformation in Treasury
Leveraging Securitisation for the Energy Transition
With the launch of the Green Deal in 2019, the European Commission has placed the fight against climate change at the forefront of its agenda. One major challenge will be funding the EU’s energy transition strategy; in his 2024 report on European competitiveness, Mario Draghi has identified securitisation as a particularly suitable financing tool. However, Europe lags behind the United States—and even China—when it comes to green securitisation.
Les Mousquetaires: how artificial intelligence is revolutionizing treasury operations
Laurent Bonhomme and Sébastien Schweickert share their insights with Redbridge about Groupement Les Mousquetaires’ success in improving its treasury operations (cash flow forecasting) using a predictive artificial intelligence model. Initiated five years ago, this groundbreaking project has delivered tangible benefits, driven by the dedication of an expert three-person team. It represents a compelling example of the opportunities, but also the challenges, that integrating artificial intelligence in treasury processes can involve.
Sustainability and ESG initiatives in payment systems: key developments and trends
While sustainability is becoming a key topic worldwide – especially in Europe – Environmental, Social, and Governance (ESG) factors still lack traction in the payments industry. In this article, we will deep dive into the existing examples of ESG initiatives within payment systems and share some thoughts on how the industry may further embrace such a strategic topic. The following article was originally published in The Paypers.
Companies in the US should act now to maximize their Earnings Credit Rate
The Earnings Credit Rate (ECR) is a mechanism offered by US banks to help businesses operating in the US offset their bank fees. Functioning similarly to an interest rate – it’s often linked to the Effective Federal Funds Rate – the ECR is applied daily to the balance in a company’s non-interest-bearing account. Instead of generating cash earnings, however, the ECR results in a credit that is taken away from the cost of cash management services. This rate is an important part of a company’s relationship with its banks, but is frequently overlooked in banking negotiations.
Securitisation: A Necessary Revival of the European Market
The Draghi report on European competitiveness* is clear: “To enhance the financing capacity of the banking sector, the EU must revive securitisation.” In response, the European Commission** recently launched a consultation on potential improvements to the functioning of the securitisation market.
ABB Revolutionizes Trade Finance Guarantees Management
ABB , a global technology leader in electrification, robotics, automation, and motion, has successfully implemented an innovative solution to streamline and optimize its trade finance guarantees process. With a presence in more than 100 countries and revenues surpassing $30 billion, managing complex financial operations such as trade finance is a crucial part of ABB’s success. Recognizing inefficiencies in its guarantees management, ABB took decisive action to modernize the process, ensuring greater control, compliance, and operational efficiency.
Navigating Market Volatility in a Changing Global Landscape
The EuroFinance Conference in Copenhagen kicked off with an insightful session on global macroeconomic trends, featuring a discussion with Thomas Harr, Chief Economist at Denmark’s National bank, and Jeromin Zettelmeyer, Director at Bruegel AISBL. The conversation focused on interest rates, inflation, and the global growth outlook, signaling a period of increased financial market volatility shocks, despite broader macroeconomic stability.
EuroFinance 2024 Insights: Cash Management Trends
The automation of cash management processes has become essential for optimizing liquidity and improving cash flow visibility. At a Eurofinance roundtable featuring Roberto Rossetti, Treasury and Funding Manager at HERA SPA, and Elise Hoyet, Head of Virtual Account and Payment Factory Domain at Societe Generale, the conversation focused on key cash management trends 2024 and strategies for automating these processes.
Redbridge Debt & Treasury Advisory Expanding to Chicago
Chicago, IL – 8/12/2024 – Redbridge Debt & Treasury Advisory, a leading international advisory firm, is proud to announce the opening of its new office in Willis Tower, located in the heart of Chicago. This expansion marks the 25th anniversary of the firm and underscores its dedication to the U.S. market.
Effective strategies for combating chargebacks and friendly fraud
Gabriel Lucas, Director at Redbridge Debt and Treasury Advisory, addresses the rise of chargebacks and friendly fraud, offering strategies to tackle them.
Leveraging tap to pay technology for safe contactless payments
Gabriel Lucas, Director at Redbridge Debt and Treasury Advisory, tackles the future of tap to pay payments and their multiple uses for streamlining digitalisation, enhanced security, and financial inclusion.
Syndicated credit and bilateral lines complement each other in a balanced financing strategy
Finance departments regularly ask themselves which format is best suited to bank credit: a revolving credit facility (RCF) or a term loan? Syndicated credit or bilateral lines? Matthieu Guillot, Managing Director, Debt Advisory at Redbridge, answers some questions about these issues.
Unicorns, growth and banks – blog
L’Espresso, Redbridge’s coffee-break program, welcomed Pascal Ichard, Director of Funding at Mirakl, on May 29 to celebrate the signing of the first syndicated loan for this French tech company. The discussion centered on banking relationships before, during and after initial financing for growth companies. Alongside Pascal were our moderator, Emmanuel Léchère, and Pierre Bonnet, Associate Director and Financing Consultant at Redbridge, who was part of the team that collaborated with Mirakl’s finance department on the firm’s €100 million bank syndication.
Pricing in the US Private Placement market is very attractive at present for euro funding
‘Pricing in the US Private Placement market is very attractive at present for euro funding’: Muriel Nahmias, Redbridge In this blog, our financing expert Muriel Nahmias takes a look at the US Private Placement market. Find out everything you need to know about how to access this deep source of funding, which offers both long maturities and attractive pricing for instruments issued in euros.
Redbridge Treasury Advisory has published the report
In the summer of 2023, 107 companies took part in an online survey organised by the French Association of Corporate Treasurers (AFTE) and Redbridge Debt & Treasury Advisory. The aim of the survey was to assess the resources they allocate to each of the treasury-finance department’s main roles. The data collected can form the basis for discussions on companies’ roadmaps to digital treasury. We’re delighted to present an excerpt from the report, which will be published in full on our blog in June. If you’d like to receive the full report as soon as it’s available, please fill in the form at the end of this page.