Entries by treasuryXL

Treasurer en controller; een paar apart ?

| 22-09-2016 | Jan de Kroon | De treasurer en de controller zouden twee handen op dezelfde buik moeten zijn, maar de vraag is of dat in alle, of zelfs de meeste, gevallen wel zo is. Enkele uitzonderingen daargelaten, zijn de verschillen groter dan de overeenkomsten. Kort door de bocht zou je kunnen stellen dat de treasurer […]

Budget, een jaarlijks terugkerend fenomeen

| 21-09-2016 | Maarten Verheul | Na de vakantie is het tijd om de eerste stappen te zetten voor het budget voor het volgend jaar. Toevallig kwam budget ook aan de orde in de discussie over CF Planning. Kosten overschrijdingen in het budget verstoren de CASH. De CF Planning is grotendeels op het budget gebaseerd. […]

Blockchain, financial regulatory reporting and challenges

| 20-09-2016 | Carlo de Meijer | It is always challenging to look for new topics worth mentioning related to blockchain or distributed ledger technology. One issue that needs special attention is financial regulation reporting under blockchain. In June, the European Securities and Markets Authority (ESMA) published a consultation (or discussion) paper “The Distributed Ledger […]

Remarkable influx non-Dutch in the treasury labour market

| 19-09-2016 | Pieter de Kiewit | This week it will be the second time I will give a guest lecture at the Hogeschool Utrecht. They offer a minor treasury management to students with a finance and economy focus. It is my role to describe the labour market they might enter. In preparation I made […]

Netting, simplifying your intercompany cash management

| 16-09-2016 | Jan Meulendijks | Netting is mainly used by global operating companies with a large number of subsidiaries; the reach of netting can however also include smaller company structures and save a lot of handling and costs. A company with a number of (foreign) subsidiaries will inevitably face a lot of internal deliveries, invoices, payables, receivables […]

How to improve your Cash Conversion Cycle part II

| 14-09-2016 | Olivier Werlingshoff | In my earlier article I wrote about how cash management can improve your cash conversion cycle and more specific the DSO. In this article I will focus on the DIO (Days Inventory Outstanding). This week I heard on the radio that successful retailers have a better DIO than other retailers. The trend […]

Blockchain: Playing in the sandbox

| 13-09-2016 | Carlo de Meijer | A new – but important – chapter can be added to the blockchain story. The World Federation of Exchanges , the WFE, recently urgently called for the creation of regulatory sandboxes for distributed ledger technology. This should help industry efforts “to explore and understand the impact of blockchain-based […]

Financiële markt in Egypte

| 12-09-2016 | René Schilder | Afgelopen weken hebben er verschillende artikelen in de internationale kranten gestaan over de lening die het IMF aan Egypte wil verstrekken. Daarbij zagen we ook de Egyptische minister van landbouw Nederland bezoeken om te leren van de Nederlandse expertise op het gebied van land- en tuinbouw. De ontwikkelingen op de financiële markt […]

Fed Rates – Prospects of USD/INR Carry

| 09-09-2016 | Rahul Magan | “Federal Reserve Rates and INR Reverse Carry”. As we understand that Federal Reserve Chairman Janet Yellen turning Hawkish and asking for 25 Bps increase in September 2016. If we look carefully then Fed vice Chair Fisher also suggested the same and at the same time most prominent Bond Trader – Bill Gross […]

How long can interest rates stay so low?

| 08-09-2016 | Lionel Pavey | How long can interest rates stay so low? When we talk about interest rates, it is helpful if we know the basic theory of how the level of an interest rate is determined.Classical thinking states that there are 5 components in interest rates (x).   5 Components in interest rates: […]