We hope you enjoy the March edition of the EACT Newsletter.
As ever, please do follow the EACT LinkedIn page for the very latest member association news and treasury insight.
Jean-Marc Servat
Chair, EACT
In this issue:
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With the current European Parliament’s term running from 2019 to 2024, now is a good time to cast an eye over what is and what will be in terms of financial market regulations.
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On 4 February the EACT and the Global Legal Entity Identifier Foundation (GLEIF) hosted a roundtable with a number of senior corporate treasury representatives to discuss how the LEI and the global system it is embedded in can simplify, secure, and digitise processes across treasury departments.
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SITA, a specialist in air transport communications and information technology, has the kind of reach of which others can only dream. With services provided to around 200 countries, ‘truly global’ is no exaggeration. But such an expansive reach comes with its own set of challenges, notes Guillermo De La Fuente, Senior Manager at SITA.
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The fundamental changes businesses are facing have inevitably impacted the way treasury is managed. Has the current health crisis had an impact on treasury technologies and the digital transformation of organisations?
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With the second edition of the EACT award award, the EACT wants to celebrate achievements that advance development of treasury, inspiring treasury professionals to excel. Projects comprising an implementation period between 19 February 2020 and 16 April 2021 are eligible to apply for the award, with a jury voting to designate the winner in June 2021.
What role can treasurers play in the fight against cybercrime and fraud? Our latest EACT in Action webinar offers answers to this question from an expert panel that included the Deutsche Bahn AG treasury team.
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We are delighted to share this photo of Dr. Gerd Berghold accepting the award on behalf of the treasury team at Deutsche Bahn.
View More.png "EACT Survey 2021")
This annual survey shows that despite the COVID crisis, top priorities of corporate treasury remain the same. No one will be surprised to see Cash-Flow Forecasting as the number one priority, followed by digitization (and automation) of treasury processes. Today Treasury would like to rely more on technology and innovations proposed to become more resilient and more efficient.
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The latest edition contains the first EACT in Action event and EACT Award 2021 results, cross border currency payment execution, and LIBOR transition preparation.
View More.jpg "Podcast | How to Streamline Customer Reference Data in Treasury Processes")
A panel of experts consider how treasurers can streamline customer-reference data and due diligence processes in treasury applications.
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