Treasury Technology April 18, 2019

Avoiding Missteps on the Road to Treasury Automation

A key risk is automating processes that are flawed or already outdated.

Treasurers, like the rest of the business world, are racing to implement robotic process automation (RPA) and other technology that take repetitive, manual tasks out of the hands of humans. “It’s a huge focus area for us, and we’re allocating a lot of capital to it,” said the treasurer of a communications technology company at a recent meeting... Read More

From the Founder April 16, 2019

It’s Just Automation – or Is It?

The risk of falling for hype when racing to embrace RPA, AI, machine learning and blockchain. 

During a discussion of technology innovation at one of our peer group meetings last week, several members talked enthusiastically about possible uses for robotic process automation (RPA), blockchain, artificial intelligence (AI) and machine learning (ML). 

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Capital Markets April 15, 2019

Fitch Revamps Short-Term Debt Ratings Methodology

Some CP programs will see downgrades but issuer control increases. 

A new short-term-debt ratings methodology recently launched by Fitch Ratings may result in both pleasant and unpleasant surprises for some corporate issuers. Nonetheless, the methodology aims to give all issuers more transparency into the ratings process and more grounds to argue their case. 

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Cash & Working Capital April 12, 2019

Calibrating Capital Structure as a Downturn Looms

Balancing ratings, liquidity needs, and shareholder returns as the economy slows.

The challenge for treasury of getting capital structure right rises as companies engage in strategic M&A, adjust to changes in tax law and confront current or anticipated shifts in the global economy. And don’t forget about keeping rating agencies and shareholders happy and activists away. With all those factors in play, members of... Read More

Software & Systems April 4, 2019

Bloomberg to Pull Plug on KYC Business Favored by Corporates

Data company decides to close Entity Exchange and Entity Intelligence. 

Bloomberg plans to shut down Entity Exchange, a know-your-customer (KYC) solution supported by Citibank and adopted by multinational corporations including Coca-Cola. A Bloomberg spokesperson told iTreasurer that “the company’s intention is to exit its KYC business.”

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From the Founder April 3, 2019

Cybersecurity, SIEM and the TMS

What sort of security information and event management tool is covering your treasury management system? 

Cyber risk is top of mind for many NeuGroup members this meeting cycle, one reason that our company is trying to quickly scale the learning curve on cybersecurity.

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Risk Management April 2, 2019

Squeezing More Benefits from a Captive Insurer

A company with an insurance problem turned to a captive and now seeks ways to optimize it.

A tech company suffered a major recall a few years ago and risked being unable to buy product recall insurance—a contractual obligation with customers—if it had a second, similar event. Read More