Middle East and Africa Treasury
The Federal Reserve Bank of New York (FRBNY) has been holding a number of workshops to build a shared understanding of the challenges that lie ahead for banks and their borrowers as they attempt to transition away from the London Interbank Offered Rate (Libor) before 2022.
As a follow-up to the 2021 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, the Association for Financial Professionals (AFP) recently held a companion webinar. The webinar provided attendees with a review the latest trends in payments fraud, the tools being used to prevent fraud and, more importantly, from a risk management perspective, where companies can employ insurance to further mitigate potential risk.
The coronavirus pandemic accelerated the momentum toward a digital-first strategy as companies look to stay competitive and relevant in the current environment. But what exactly does that mean?
AFP recently hosted a webinar, “LIBOR Transition: Preparing for the End Game,” with three corporate finance experts who spoke on the transition of the London Inter-bank Offered Rate (LIBOR), the current benchmark interest rate at which major global banks lend to one another.
In this webinar, an expert panel will outline what boards expect from finance and treasury today, expectations to drive greater liquidity, and strategies to protect cash, liquidity and balance sheets. Key discussion points include working capital management, borrowing strategies, FX hedging and organic currency reduction, cost reduction initiatives, and Panelists will also discuss best practices clients use in managing through the storm to keep an even keel.
Cash forecasting is a difficult task that every treasury department must deal with. Can artificial intelligence help? It has the potential to improve processes, save costs and enhance treasury’s decision-making for liquidity, working capital and currency exposure management. In the latest episode of AFP Conversations, we look at how AI and Big Data are leading the path to powerful decision-support and automation of treasury.
In this special edition of the AFP Conversations Podcast, Jim Kaitz, president and CEO of AFP, speaks with Matt Smith, McKinsey and Company’s former chief learning officer. In this interview, Matt discusses the fundamental skill of learning, how to nurture learning in others, and how companies can create a learning culture. He also discusses his “3x3x3” approach to learning, a practical strategy to continually learn, grow and achieve development.
The current technology landscape contains a tsunami of innovative technologies that are available now or just on the horizon. Zanders, a leading global treasury, finance and risk consultancy is delighted to collaborate with AFP in the production of this 4-part series of articles to take a more practical look at the Digital Transformation of Treasury. The aim is to both define and demystify the enabling technologies in addition to highlighting the relevance and the fact that adoption of new technology is no longer a choice, but a critical business strategy.