Tag: centralisation

UniCredit’s Markus Straußfeld discusses the potential of virtual accounts in GT News

The push towards fully-digitalized treasury processes has naturally drawn corporates to the concept of centralization, writes Markus Straußfeld, head of cash management international sales at UniCredit in GT News. Concepts such as POBO (payment on behalf of) and COBO (collection on behalf of) have become popular for their potential to do just this: channelling ingoing …

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In Global Banking & Finance Review, Andrew Reid, Deutsche Bank, looks at the SEPA-zone one year on

In Global Banking and Finance Review, Andrew Reid looks at all the possible ways that treasurers can begin to offset the cost of compliance by leveraging SEPA’s benefits to maximise efficiency and operational cost savings for a more robust treasury set-up. Reid writes that ‘The SEPA mindset brought with it a renewed focus on treasury …

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Deutsche Bank’s Andrew Reid on optimising treasury post-SEPA, in Banking Technology

Andrew Reid, Head of Cash Management Corporates for EMEA, Deutsche Bank, looks forwards from the one-year anniversary of compliance, to the possible advances ahead. Reid explains in Banking Technology ‘SEPA’s technological achievements can be leveraged further. For example, the data-rich nature of the ISO 20022 XML standard and the fact that it is now the sole format used …

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Deutsche Bank’s Andrew Reid on SEPA’s 1st anniversary, in TMI

TMI takes stock as we draw near the end of the first year of the SEPA-zone. Andrew Reid, Head of Cash Management Corporates EMEA Deutsche Bank, explains that, in the post migration era, corporates are looking at leveraging SEPA developments to achieve the next stages of cash management via automation and centralisation. To read the full article, …

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Deutsche Bank’s Joao Galvao: flexibility is the order of the day for supply chain management

How can treasury teams prepare to respond to risks of all kinds? “A carefully designed and agile treasury setup — with centralized control, up-to-the-moment data granularity and strong liquidity and working capital management practices — can be crucial to, quite literally, weathering the storm” says Joao Galvao, Head of Financial Supply Chain, Americas, GTB, Deutsche …

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MENA can access SEPA's benefits too, explains Deutsche Bank's Jens Mikolajczak

Deutsche Bank’s Co-Head of Corporate Cash Management, EMEA, writes in Cash & Trade magazine about the relevance of the Single Euro Payments Area to non-euro corporates. Jens Mikolajczak discusses the ways in which SEPA can lower the hurdles for trade and extend efficiency benefits, particularly for multinationals. To read the full article, please click here.