The digitization of trade is increasing in velocity
How quickly will companies take advantage of the advances in trade related technology that affords them reductions in costs as well as improvements in risk mitigation?
Commodity Traders – What is the Threshold for Liquidity Source Diversification?
Humanity is shaped by its crisis. So is trading, as old as humanity as well. In order to survive, trading will continuously have to adapt to demand and supply shocks, logistical challenges, increase in risk premia and last but not least liquidity available. In fact liquidity has always been and will continue to be the number one risk consideration for any trading company.
Now That ECR Is Dead, We Can Finally Focus on the True Cost of Cash Management
With the fast-spreading threat of the coronavirus paralyzing the U.S. and global economy for months to come, the Federal Reserve made the drastic decision on March 15, 2020, to slash interest rates to zero.
“We combine artificial intelligence with business skills to revolutionise cash flow forecasting.” Rupert Schiessl, founder of Verteego
Verteego believes that cash flow forecasts should be rethought to improve how companies are managed and increase their profitability.
Machine Learning or AI Could Perform Repetitive Patterns to Improve the Process of Cash Forecasting
Redbridge invited three international treasury professionals based in the US, UK and France to share their views on successful cash flow forecasting. In this post, Ferdinand Jahnel, VP, Treasurer at Marsh & McLennan Companies, explains how artificial intelligence (AI) could improve the process of cash forecasting.
“The complexity of international guarantees no longer prevents them from being processed digitally”, according to Malik Dahmoune, from Finelia
In November, SWIFT will release a new set of trade finance messages to facilitate paperless processing of international guarantees. The challenges for corporates lie in communicating with all their counterparties in a common language, increasing efficiency and, ultimately, having a consolidated view of their liabilities. In this interview, Malik Dahmoune, director of Finelia Trade Finance Software, explains the key points.
NACHA’s Same Day ACH Limit Increase
Effective March 20, 2020, the Same Day ACH (automated clearing house) per-transaction dollar limit will increase from $25,000 to $100,000.
The differentiation between investment-grade and non-investment-grade borrowers is increasing
There is still appetite for highly-rated corporates, but the size of financing must be consistent with a company’s business plan. Since last summer, credit committees have been becoming increasingly cautious and this trends looks set to continue, writes Muriel Nahmias.
“SWIFT gpi puts healthy pressure on the banks” Olivier Grandval, Louis Dreyfus Company
Olivier Grandval, treasurer at Louis Dreyfus Company, discusses how SWIFT gpi simplifies the daily work of the treasury team of his group that trades in agricultural commodities. For him, improving the traceability of cross-border payments opens up new opportunities for bank relations and cash flow forecasts.
Is the Fate of Your ECR Truly Tied to the Fed Funds Rate?
When we think about how bank fees are being treated in the U.S., there is something very unique that, regardless of your company’s size, industry or banking partners, if you operate in this country, your bank fees will inevitably be tied to your operating balances through an earnings credit rate (ECR) mechanism.
Fall 2019 Card Brand Changes
Get up to speed on the fall 2019 card brand updates and how they may affect your business
European Trade Receivables Securitization Is Now More Complex
A brief Q&A with Thierry Sebton of Accola
Single-B Issuers Under Scrutiny by Rating Agencies
While credit rating agencies have not yet changed their central scenarios for credit default rates, they appear to be growing more nervous in the face of changes in the economic cycle and the resurgence of volatility against a backdrop of greater geopolitical uncertainty.
Visa and Mastercard to Lower Interregional Interchange Fees October 19, 2019
Following pressure from the European Commission, Visa and Mastercard pledged last year to cut their European interregional multilateral interchange fees by at least 40%. The two international networks will honor their commitment on October 19, 2019, according to banking sources.