We are very delighted that our client Sony Group Corporation has been awarded winner of an Adam Smith Award in the category of ‘Best Treasury Transformation project’.
The winners’ announcements of the 2022 Adam Smith Awards took place on 12 May in London. On that date Hiroyuki Ishiguro, Gurmeet Jhita and Terry Vouvoudakis, on behalf of their teams, were announced as the winners of this prestigious award.
On 14 June, during the Awards dinner, the award was physically presented to Hiroyuki Ishiguro and Gurmeet Jhita, who were leading Sony’s global treasury transformation project, which started in 2018. Judith van Paassen received the award on behalf of Zanders. Zanders was one of the eight partners named during the announcement, together with SAP, MUFG, SMBC, J.P. Morgan, Citi, HSBC and 360T.
The Adam Smith Awards are now in their 15th year and are recognized across the world as the ultimate benchmark of corporate achievement and exceptional solutions in treasury. The standard of submissions this year was of the very highest level, with 230 nominations spanning 34 countries. A list of all Adam Smith award winners can be found here on the Treasury Today website.
Over the course of the 2022 Adam Smith Awards season, Treasury Today will host a dedicated podcast series, case study series and social media celebration of this year’s winning projects.
Foto: Adam Smith Award winners for Best Treasury Transformation Project. From left to right: Vitantonio Musa, Lee Titchmarsh, Gurmeet Jhita, Laura Koekkoek, Hiroyuki Ishiguro, Judith van Paassen, Beliz Ayhan, Fred Pretorius
In the stress test methodology, participating banks are required to evaluate the impact of a cyber attack. They must communicate their response and recovery efforts by completing a
In this report, biodiversity loss ranks as the fourth most pressing concern after climate change adaptation, mitigation failure, and natural disasters. For financial institutions (FIs), it
Carbon offset processes are currently dominated by private actors providing legitimacy for the market. The two largest of these, Verra and Gold Standard, provide auditing services, carbon
Early October, the Basel Committee on Banking Supervision (BCBS) published a report[1] on the 2023 banking turmoil that involved the failure of several US banks as well as Credit Suisse. The
Today, we engage in a conversation with Brecht van den Driessche, a new addition to the Zanders team, to explore his motivations for joining Zanders and his vision for the future of risk
SWIFT now supports the exchange of ISO 20022 XML or MX message via the so-called FINplus network. In parallel, the legacy MT format messages remain to be exchanged over the ‘regular’ FIN
As the first conference in the US since its 4-year hiatus, there was good attendance among corporates and partners. The SAP Treasury conference is an excellent opportunity for customers to see
Of the many attending corporates and partners were offered the opportunity to hear the latest ins and outs of treasury transformation with S/4HANA.
Next to the enhancements in
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,
Yet, the ongoing dilemma lies in achieving optimal returns on these investments. In this intricate financial landscape, the importance of delivering robust financial performance not only at
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
The EMIR Refit was originally introduced with the goal of simplifying regulations, and these new requirements took effect in 2019. Following the EMIR Refit, there has been a subsequent round
First and foremost, the long period of low and even negative swap rates was followed by strongly rising rates and a volatile market, which impacted the behavior of both customers and banks
On Thursday 15 June 2023, Zanders hosted a roundtable on ‘Climate Scenario Design & Stress Testing’. In our head office in Utrecht, we welcomed risk managers from several Dutch banks.
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
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
Machine learning (ML) models have proven to be highly effective in the field of credit risk,outperforming traditional regression models in their predictive power. Thanks to the exponential
In this third article in the ISO 20022 series, Zanders experts Eliane Eysackers and Mark Sutton take a focused look at the Common Global Implementation Market Practice Group (CGI-MP).
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
However, possibly the most important point for corporates to be aware of is the planned move towards explicit use of the structured address block. In this second article in the ISO 20022