Performance when it counts
Zanders is a financial performance partner to the world’s most dynamic organisations and governments.
We help C-Suite leaders and Corporate Treasurers protect and enhance value for the shareholders of today and stakeholders of tomorrow.
Not just when it’s easy, but when it counts.
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More InformationExperience
We aimed to be independent and do as much as possible ourselves to reduce costs and build up in-house expertise on the system. Zanders helped us figuring out what we wanted, explained and guided us, and showed what the system can do and how to align that with our needs in the best possible way
Freek van den Engel Treasury manager at Bolt

Bolt chooses treasury efficiency in scale-up of business
Mid 2023, Bolt successfully implemented its new full-fledged treasury management system (TMS). With assistance of Zanders consultants, the mobility company implemented Kyriba – a necessity to support Bolt’s small treasury team. As a result, all daily processes are almost completely automated. “It's about reliability.”
Read case studyZanders gave us guidelines on how to build the case for the banks, Because many of our investments in the coming years are in sustainability, they advised us to introduce this into the framing of the refinancing and this was an interesting addition to the discussions we had with banks.
Wilco van de Wijnboom Corporate Finance Manager for Royal FloraHolland

Empowering Royal FloraHolland with a new credit line to support its sustainability efforts
Zanders helped Royal FloraHolland - the largest B2B floriculture platform in the world - to secure a new debt facility of €210 million with three banks and built a compelling case for their future credit requirements.
Read case studyThere is a lot of knowledge in Zanders about Swift and Kyriba but also about treasury in general. I knew if there were problems or issues, or even questions that fell outside of what we were implementing, there would always be someone at Zanders with knowledge in that specific area.
Nuno Ferreira Head of Treasury at UGI

Empowering UGI International with real-time cashflow visibility
UGI International partnered with Zanders to transform their cash management by enhancing their Kyriba system and transitioning to Swift. This is how they boosted visibility and control over their complex, multinational cashflows.
Read case studyThe project was a combination of various specialties, including treasury, IT, languages, and process and cultural alignment.
Fiona Foley VP and Assistant Treasurer

How Takeda centralized its payments
Over the past 15 years, the 240-year-old Japanese multinational pharmaceutical company Takeda has made a number of key acquisitions which have positioned them as a leader in the global patient-focused market.
Read case studyThe first implementation of the SAP system involved communication with the bank via the SWIFT platform.
Eugene Tjemkes Head of Global Business Transformation Finance

The step back that turned ASICS’ Treasury into a ‘Corpore Sano’
With subsidiaries all over the world, ASICS wanted to standardize and make its treasury operations more efficient. To optimize its treasury function, ASICS Europe (AEB) decided to implement the SAP Treasury and Risk Management module in 2017.
Read case studyIt was a rather hands-on approach in which we designed our needs.
Alexander Sika Senior Treasury Manager

Sulzer’s new market data platform
Sulzer was looking for a cloud platform to collect its market data. The Swiss company decided to use Zanders’ market data platform to bridge the source systems and target systems.
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Latest Insights
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Crypto Asset Exposures: Critical Assessment of Infrastructure Risks
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Greenwashing in Finance: Navigating the Shades of Sustainability
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Driving Treasury Innovation: A Closer Look at SAP BTP
The SAP Business Technology Platform (BTP) is not just a standalone product or a conventional module within SAP's suite of ERP systems; rather, it serves as a strategic platform from SAP,
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How to connect with local banks in Japan?
Treasurers dealing with multiple jurisdictions, scattered banking landscape, and local requirements face many challenges in this regard. Japan is one of the markets where bank connectivity
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Performance of Dutch banks in the 2023 EBA stress test
Seventy banks have been considered, which is an increase of twenty banks compared to the previous exercise. The portfolios of the participating banks contain around three quarters of all EU
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Zanders listed on Swift Customer Security Programme (CSP) Assessment Providers directory
The CSP helps reinforce the controls protecting participants from cyberattack and ensures their effectivity and that they adhere to the current Swift security requirements. *Swift does not
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Cryptocurrencies and Blockchain: Navigating Risk, Compliance, and Future Opportunities in Corporate Treasury
As a result of the growing importance of this transformative technology and its applications, various regulatory initiatives and frameworks have emerged, such as Markets in Crypto-Assets
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Grip on your EVE SOT
Over the past decades, banks significantly increased their efforts to implement adequate frameworks for managing interest rate risk in the banking book (IRRBB). These efforts typically focus
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Challenges in NMD modeling: Can Machine Learning provide a solution?
EBA’s recent heatmap publication reiterated the importance of modeling Non-Maturing Deposits (NMDs) in the context of balance sheet management. This on-demand webinar will explore the implications
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Smarter cash management unlocks a powerful growth lever for Savvy Games Group
The gaming market just keeps getting bigger. And with limits on this growth seemingly uncharted, interest from governments and private sector investors is at an all-time high. Savvy Games Group
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Innovations in PD Modeling for IFRS 9: Extending the Vasicek Framework
According to the IFRS 9 standards, financial institutions are required to model probability of default (PD) using a Point-in-Time (PiT) measurement approach — a reflection of present
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What Banks Need to Know from the EBA’s Fourth LCR & NSFR Monitoring Report
Inflows from open reverse repos In May 2024 the EBA stated1 that inflows from open reverse repos cannot be recognised in LCR calculations unless the call option has already been
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Debt Market Update Q1-2025
Since the start of 2025, geopolitical tensions and diverging central bank strategies have led to volatile CDS spreads and a steepening Euro IRS curve, as short-term rates declined and long-term rates
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Weathering the SAP S/4HANA storm: A Zanders guide to making a successful shift to SAP’s new operating model
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How to transition to SAP S/4 HANA from your current Treasury Management Architecture
Your organization has decided to move its treasury and risk management processes to S/4HANA before SAP retires the ERP Central Component (ECC) system in December 2030. But what happens next?
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Ensuring Robust Controls and Checks in SAP TRM with a Kaizen Approach
This article is intended for finance, risk, and compliance professionals with business and system integration knowledge of SAP, but also includes contextual guidance for broader audiences. 1.
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Modernizing Payment Systems: An Approach to BACS AUDDIS Implementation with SAP S/4HANA
Our team at Zanders has been at the forefront of implementing BACS AUDDIS (Automated Direct Debit Instruction Service) with SAP S/4HANA, helping clients to streamline their direct debit
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Thailand's WHT Digital Transformation: A New Era for Corporate Treasury
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