Entries by treasuryXL

Static Data – unsexy, but imperative to workflows

| 23-04-2018 | treasuryXL | We live in the world of Big Data – we are told that there is so much potential that can be unleashed by embracing Big Data. This can lead to business efficiency, increased revenue, reduced expenditure, earlier identification of fraud etc. But for all this to reach fruition, we need […]

The Bank of England – a fintech company?

| 20-04-2018 | treasuryXL | The Old Lady has a long history – the second oldest central bank, who has always kept the market in check. Whilst the financial Big Bang of 1986 changed the landscape in the Square Mile, her power and influence are still very evident. On Wednesday, she surprised the banking market […]

Letter of Credit – financing international trade

| 19-04-2018 | treasuryXL |   When a buyer and seller agree to enter into a transaction that is cross border, one of the most used instruments to facilitate this transaction is a documentary letter of credit (LC). This is an international recognised and accepted method that is governed by the rules and regulations of […]

Data analysis – pros and cons

| 18-04-2018 | Lionel Pavey |   With the advent of computing and ever more powerful processing capabilities, we are living in a time where there is more and more data available within a company. Advocates of data mining speak of the advantages that can be obtained by analysing all the data and discovering trends […]

Short term financing – lines of credit

| 17-04-2018 | treasuryXL | There are many instruments that can be used to obtain short term funding. We have touched on some of them earlier in this series. This article is all about lines of credit. These are normally provided by banks of other financial intermediaries and help corporates with their short term funding […]

Repurchase Agreements – alternative short term funding

| 16-04-2018 | treasuryXL |   There are times when a corporate needs to borrow funds – this can be accomplished in a manner of ways. If the corporate actually held securities (Government paper, bonds etc.), it could consider entering into a repurchase agreement – better known as a Repo. This transaction entails a trade […]

Cashless society – the backlash

| 13-04-2018 | treasuryXL | Last week an article appeared on the BBC website about the current situation in Sweden. They have embraced the world of digital payments – cash payments in the retail sector now amount to only 15% of the total, compared to 40% in 2010. But against this resounding success, there is […]

Buy now, pay sooner – dynamic discounting

| 12-04-2018 | Lionel Pavey |   We live in a time of very low interest rates which translates to lower funding costs. However, at the same time, obtaining credit is becoming more difficult as banks are reluctant to lend in the ways that they did years ago. This is caused by the need for […]

Basis Swap – how to convert your exposure

| 10-04-2018 | treasuryXL | At the moment, there is a growing movement within interbank markets to replace all the existing interbank offer rates that are used to price a myriad of financial instruments. The motivation for this movement has been the revelation that these indices have been fraudulently priced by banks delivering inaccurate prices […]

1 year to Brexit – the banking exodus?

| 09-04-2018 | treasuryXL | If all goes as stated, then the United Kingdom will be leaving the European Union on 29th March 2019. There has been fierce competition within the EU to entice banks away from London and to settle within the Euro zone. In London there is a fear that there will be […]