Understanding and building a balanced banking relationship

Redbridge recently hosted a roundtable discussion on the theme of banking relationships. Three guests: Jean-Christophe Sautereau, Director of Treasury and Financing at SMCP; Chloé Audrin, Director of Financing and Banking Relationship Management at Air Liquide; and, from the banking side, Arnaud Morgant, Head of Corporate Clients at Société Générale Corporate & Investment Banking (SGCIB), shared their views on some of the most important issues.

FX Solutions: Strategies to Overcome Foreign Exchange Challenges and Boost Merchant Revenue

The foreign exchange (FX) market is pivotal in facilitating international trade and investment. Traditional banking methods, though reliable, often fall short in terms of speed, cost, and accessibility, paving the way for alternative payment methods that leverage advanced technology to optimise FX transactions. With a daily trading volume exceeding USD 7.5 trillion, the FX market is the largest and most liquid financial market globally. Operating 24 hours a day, five days a week, it enables currency exchange among banks, financial institutions, corporations, governments, and individual traders, while serving as a platform for speculative trading, where participants aim to profit from fluctuations in exchange rates. In addition, it gives businesses the flexibility to choose when to hold or convert funds based on market conditions. This approach also enhances cost optimisation and control. I this srticle you will find FX solutions to boost merchant revenue.  

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.

Federal Funds Rate Forecast 2024: Rate cuts offer an opportunity for companies to enhance US cash management

The prospect of monetary easing across the Atlantic in the coming months makes the adoption of an indexed, transparent mechanism for remunerating dollar deposits look like an attractive option. More generally, it’s a good opportunity for local treasurers to rethink their cash management strategies and how they manage their banking relationships. Take a look at our advice for 2024 based on federal funds rate forecast 2024.

The fundamental differences between cash management in the US and in Europe

Sarah Gundle, project manager at Redbridge, sheds light on three surprising distinctions that European treasurers encounter when conducting operations across the Atlantic in cash management in the US and in Europe. From managing large volumes of checks to decoding intricate US account analysis statements and understanding the nuances of Earnings Credit Rates, Gundle provides valuable insights and practical solutions to navigate the U.S. banking landscape.

“How companies can maximise the interest they earn on their cash deposits”

The recent banking turmoil reminds everyone just how important it is to be managing counter party risk. This disarray also demonstrates the strategic nature of deposits for financial institutions. According to Alexandre Bousquenaud, one of the key objectives treasurers should focus on in this environment is negotiating their yield on cash balances to take advantage of ongoing monetary tightening.

Data for Stronger Banking Relationships

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