Given the growing enterprise exposure to inflation and potential recession, rising interest rates, and skyrocketing currency volatility and hedging costs, CFOs and their treasury teams are rethinking strategies to optimize their finances. And treasurers in particular are experiencing new challenges when it comes to managing cash and liquidity as once again ‘Cash is King’.
But help is at hand - there are new practices and technology solutions that can be leveraged to deliver more effective use of cash resources. This session explored how you can utilise technology and data analytics, including APIs, AI and business intelligence, to better forecast, reconcile, and mobilise liquidity across your enterprise.
The conversation between technology experts and treasurers answered the following questions:
Bob Stark has over 20 years’ experience in treasury, driving product and market strategy for many of the best known technology providers in the industry. As the head of market strategy at Kyriba, Bob works directly with clients, partners, and industry influencers to ensure Kyriba is at the forefront of CFO and treasury technology. Stark has provided treasury management strategy to some of the world’s largest companies, and is a frequent speaker and author on treasury, risk management, and the cloud at AFP, EuroFinance, ACT, Sibos, and other industry events. Bob resides in Vancouver, Canada and is a graduate of Simon Fraser University in British Columbia.
James has over 20 years’ experience in treasury, providing solutions to a wide range of funding, liquidity and financial risk management challenges.
James is a qualified corporate treasurer (MCT & CertBALM) and a qualified accountant (CGMA). He is a former member of the UK’s Risk-Free Rate Transition Task Force and a technical contributor to the Association of Corporate Treasurers.
In 2018 James established Corium Treasury Limited, to provide interim and advisory treasury services.
Fiona Crisp has been a member of The Association of Corporate Treasurers since 1984, was made a Fellow in 2006 and was President in 2016/17. Fiona has been an independent treasury consultant for over 25 years. Her consultancy projects and interim roles have been extensive and varied, for companies in the utility, financial services, pensions and leisure sectors. She focuses on corporate finance and risk management projects. Fiona has been a NED for Family Building Society for over 4 years, where she has chaired the Risk Committee and Pension Trustees as well as being on the Audit Committee.
ACT Webinar: The cash-smart treasury: identify, protect and grow cash in periods of high volatility took place on Thursday, 29 September 2022
