BCR Publishing
We are the leading provider of news, market intelligence, events and training for the global receivables finance industry.
Working with industry leading organisations, experts, governments and universities, BCR Publications delivers expertise in factoring, receivables and supply chain finance to a global audience.
BCR has long been a beacon of innovation and excellence in the realm of receivables finance, playing an instrumental role in shaping the industry’s international landscape. Through its comprehensive conferences, insightful publications, and thought leadership, BCR has facilitated crucial dialogues and connections among industry professionals, driving forward the development of receivables finance globally.
Webinar | July 16 | Mitigating Fraud With a Corporate Payment Hub
| 22-06-2020 | treasuryXL | Kyriba |
In today’s changing IT environment, we see more corporates exposed to the risk of fraud, due to legacy controls and manual processes. With many companies applying a new ‘working from home’ strategy, the risk of fraud is bigger than ever before.
In today’s changing IT environment, we see more corporates exposed to the risk of fraud, due to legacy controls and manual processes. With many companies applying a new ‘working from home’ strategy, the risk of fraud is bigger than ever before.
During this webinar we will hear:
Paul Simpson, Strategic Payments Director at Kyriba, together with Value Engineer, Alroy D’Cruz, will discuss these most important questions and will give you an insight on how Kyriba is supporting over 2,300 of your peers worldwide with our SaaS Payment Fraud solutions.
Presenters:
PAUL SIMPSON
Strategic Payments Director, Kyriba
ALROY D’CRUZ
Value Engineer, Kyriba
Submit on the registration page and save your place.
About Kyriba
Kyriba empowers CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation, while also protecting against financial risk. Kyriba’s pioneering Active Liquidity Network connects internal applications for treasury, risk, payments and working capital, with vital external sources such as banks, ERPs, trading platforms, and market data providers. Based on a secure, highly scalable SaaS platform that leverages artificial and business intelligence, Kyriba enables thousands of companies worldwide to maximize growth opportunities, protect against loss from fraud and financial risk, and reduce costs through advanced automation. Kyriba is headquartered in San Diego, with offices in New York, Paris, London, Frankfurt, Tokyo, Dubai, Singapore, Shanghai and other major locations. For more information, visit www.kyriba.com.
An Introduction to Forwards, Futures and Options | Part 2
17-06-2020 | by Aastha Tomar
In her previous post, our Expert Aastha Tomar explained how the forwards work. Lets see the second type of hedge. The second type of hedge contract is futures. Like forwards they also fix the currency rate for a future date. The major difference between a future and a forward is that futures are exchange traded and therefore they are standardized.
Features of Futures
-> Now why do I say that credit risk is reduced ? As mentioned earlier, all settlement takes place through the exchange clearing house and the two parties buyer and seller are not in direct contact with each other. Therefore since it is the responsibility of exchange clearing house to settle the trade, the counter-parties run the credit risk of the exchange clearing house instead on each other.
Difference between future and forwards
Lets understand futures with an example :
Lets take EUR/USD as an example,
One contract size for EURUSD future is $125,000 worth of Euros and one tick size for EURUSD future is .00005. Therefore the price movement will be ($125,000*.00005) =$6.25 per EUR
Now if we purchase one futures contract of the EUR/USD, which is trading $1.0901 . We are hoping that EUR will appreciate , relative to the Dollar. Suppose we are lucky and things go as expected, and the exchange rate rises to $1.09015, We will make $6.25 in profit (per contract). Cool !!! Suppose we are luckier and FED makes some negative announcement on top of that ECB does some tremendous positive changes in their policy due to which EUR shoots up becomes much more stronger and exchange rate rises to $1.09110 (a whooping increase of 20 ticks), then we would make $125.00 in profit per contract ($6.25 x 20 ticks = $125.00).
lets see it more clearly in the following table :
Now why do corporates stay away from Futures ?
Whether its a forward or future contract, nothing is difficult if you have the intent to learn the product . Once you start understanding how hedge market works and start realizing the benefit of it then it will eventually be beneficial for you as a Treasurer and for your corporate which will be saved from unwanted currency fluctuations. In our third and last post in this series we will talk about Options ..keep learning, be safe.. to be continued ….
FX & Derivatives | Debt Capital Markets | MBA Finance
Electrical Engineer | Sustainability
Virtual Coffee Sessions for NL and BE: Managing Payments in a Remote Reality
| 16-06-2020 | TIS |
Are you tired of talking about “remote working” and the “new normal”? Everyone is keen and ready to get back into the office. But it will never be the same than before. Due to the current situation, special prerequisites need to be taken in order to make sure to meet the health standards but on the other hand creating a situation where people can work together onsite to contribute to business success.
Virtual event
TIS organizes a special virtual event, one that is dedicated to treasurers and financial professionals and moderated by TIS experts. Alongside TIS they will also have two of their customers with them who will also be open to questions and discussion. With the virtual coffee session they connect people in order to find out what the best way of going back to normal can be. They will also talk about a very important topic: Cash Visibility. TIS will highlight how important visibility is to manage payments in these days.
Receive a present
In order to give you a great start into the day and a great virtual experience we will deliver you a little TIS coffee present. Just insert your full delivery address in the registration form and something good will be delivered right in time for the virtual session.
Date, time and registration
Virtual Coffee Session for the Netherlands
Date: Tue, Jun 23, 2020
Timing: 09:00 AM – 10:00 AM CEST
Register here
Virtual Coffee Session for Belgium
Date: Wed, Jun 24, 2020
Timing: 09:00 AM – 10:00 AM CEST
Register here
Please note, the use of the webcam is mandatory.