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
For many, December is the most magical time of the year. It is a season filled with the warmth of family members, the joy of hanging out with friends, and the coziness of gathering around the
The near-final PRA Rulebook PS9/24 published on 12 September 2024 includes substantial changes in credit risk regulation compared to the Consultation Paper CP16/22. While these amendments
The ECB Banking Supervision has identified deficiencies in effective risk data aggregation and risk reporting (RDARR) as a key vulnerability in its planning of supervisory priorities for the
Recently, Zanders' own Sander de Vries (Director and Head of Zanders’ Financial Risk Management Advisory Practice) and Nick Gage (Senior VP: FX Solutions at Kyriba) hosted a webinar. During
The Right Payment Orchestration Strategy: A Critical Factor for Success
The digitalization and globalization of payment infrastructures have significantly impacted businesses in
In our previous article 'Navigating the Financial Complexity of Carve-Outs: The Treasury Transformation Challenge and Zanders’ Expert Solution' we outlined that in a carve-out, the TOM for
In today's dynamic economic landscape, optimizing portfolio composition to fortify against challenges such as inflation, slower growth, and geopolitical tensions is ever more paramount. These
Effective liquidity management is essential for businesses of all sizes, yet achieving it is often challenging. Many organizations face difficulties due to fragmented data, inconsistent
Exploring S/4HANA Functionalities
The roundtable session started off with the presentation of SAP on some of the new S/4HANA functionalities. New functionalities in the areas of
Accurately attributing changes in counterparty credit exposures is essential for understanding risk profiles and making informed decisions. However, traditional approaches for exposure
However, CCR remains an essential element in banking risk management, particularly as it converges with valuation adjustments. These changes reflect growing regulatory expectations, which were
The timelines for the entire exercise have been extended to accommodate the changes in scope: Launch of exercise (macro scenarios)Second half of January 2025First submission of results to
Within the field of financial risk management, professionals strive to develop models to tackle the complexities in the financial domain. However, due to the ever-changing nature of financial
Addressing biodiversity (loss) is not only relevant from an impact perspective; it is also quickly becoming a necessity for financial institutions to safeguard their portfolios against
SAP highlighted their public vs. private cloud offerings, RISE and GROW products, new AI chatbot applications, and their SAP Analytics Cloud solution. In addition to SAP's insights, several
SAP In-House Cash (IHC) has enabled corporates to centralize cash, streamline payment processes, and recording of intercompany positions via the deployment of an internal bank. S/4 HANA
Historically, SAP faced limitations in this area, but recent innovations have addressed these challenges. This article explores how the XML framework within SAP’s Advanced Payment Management
Despite the several global delays to FRTB go-live, many banks are still struggling to be prepared for the implementation of profit and loss attribution (PLA) and the risk factor eligibility
In a world of persistent market and economic volatility, the Corporate Treasury function is increasingly taking on a more strategic role in navigating the uncertainties and driving corporate
Security in payments is a priority that no corporation can afford to overlook. But how can bank connectivity be designed to be secure, seamless, and cost-effective? What role do local