Cloud Accounting May Require New Controls, Impact Covenants
Treasury executives whose companies are relying more cloud services should confer with their accountants about new requirements that potentially could impact loan covenants and other elements.
- November 29, 2019
Treasury Management: Chatham Financial Bolsters Euro Expertise with JCRA Acquisition
Chatham Financial recently announced that it has acquired a similar advisory firm headquartered in London, deepening its expertise in European derivatives and capital markets and related risk.
- November 29, 2019
Investment Management: Virtual Accounts—Not Ready for Prime Time?
Imagine a world where you can open and close accounts at a moment’s notice, set up zero balance account (ZBA) structures, and not deal with KYC. That’s where banks imagine virtual accounts to end up.
- October 09, 2019
Banking Relations: Tassat Offers Less Volatile Method of Corporate Blockchain Payments
The hype about blockchain technology has subsided as financial institutions and their corporate clients have set to work on developing practical applications.
- October 09, 2019
Compliance and Control: Treasury Taking on a Greater Role in Compliance Management
A surprising percentage of companies have no plan in place for monitoring and/or managing regulations, while more of that responsibility has shifted to the treasury function.
- October 09, 2019
Capital Markets: CECL to Reshape Credit Products
As new rules on how banks account for credit losses approach at the start of next year, corporate borrowers may want to start asking their lenders how their loans and other credits may be affected.