May 21 | 3 - 4:00 PM ET
Credits: CTP/CCM: 1.2 | FPAC: 0.0 | CPE 0.0 | CPE Field of Study: Management Services
Learning Objectives
- Understand the features of VAM that enable real-time cash consolidation and efficient liquidity pooling, and how these capabilities enhance control over group liquidity and mitigate financial risks.
- Learn about and apply best practices for implementing and scaling VAM solutions, including strategies for addressing the unique challenges of multi-entity and multi-jurisdictional structures.
Webinar Description
Virtual Account Management (VAM) simplifies bank account structuring by creating virtual accounts linked to a master account. This solution offers businesses improved control and visibility over cash flow, eliminating the need for multiple physical accounts. In corporate treasury, VAM enhances liquidity management, optimizes cash allocation, and improves reconciliation, reducing complexity and boosting efficiency. This webinar covers the evolution of VAM technology, it's impact on corporate treasury, key functionalities, core benefits for businesses and explores strategies for implementing VAM to enhance liquidity management, reduce financial risk, and streamline operations.
Speakers
Tom Hunt, CTP
Director of Treasury Services
AFP
Christina Farver
Senior Director, Treasury Operations
Regeneron Pharmaceuticals, Inc.
Ela Thakkar
Head of North America Account Solutions
J.P. Morgan