Entries by treasuryXL

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: […]

Instant Payments: major innovation ahead! How fast is “the new normal”?

| 07-09-2016 | Boudewijn Schenkels | Imagine it will be possible to transfer money within several seconds from any bank account to another bank account. 24 hours a day, 7 days a week. It will open large business opportunities enabling many innovative payments use cases. After the introduction of SEPA the market is ready for […]

Managing interest rate and liquidity risk

| 06-09-2016 | Rob Söentken |   Funding is one of the key focus areas of a treasurer. There are numerous dimensions to funding: 1. Assessing amount and timing of cashflows 2. Arranging access to funding 3. Developing and implementing hedging policy 4. Optimizing funding cost and risk Assessing amount and timing of cashflows Assessing […]

Blockchain: Some remarkable announcements part II

| 05-09-2016 | Carlo de Meijer | While Blockchain is seen by many as a network phenomenon that needs large market participation, collaboration and interoperability to succeed, both R3CEV and a group of four large global banks came with announcements that are at least a bit remarkable. The bank-backed consortium had filed for a patent […]