Blog
PRA regulation changes in PS9/24
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
Find out moreSpreading festive cheer and fostering community connections through a heartfelt Christmas high tea for local residents in Amsterdam.
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 Christmas tree with Christmas music in the background. It can be said that December is a month of celebration, reflection and gratitude. Yet, amidst the laughter and the shared moments, it's important to remember that for some, this season can also spark feelings of loneliness and hardship.
The true beauty of the holiday season is the part where we give back. We take a moment to extend our kindness and take the opportunity to give back to our communities, to reach out to those who may be struggling, and to make the season a little brighter for everyone. With this in mind, we at Zanders, organized a great initiative called “Zanders Gives Back” that is in line with the spirit of December: a period of solidarity, giving and time together.
With 19 enthusiastic volunteers, we brought festive cheer to a local community house in Amsterdam Oost, a safe neighborhood meeting space where young and old gather to connect with fellow residents, enjoy a nice cup of coffee, receive support, and stay active. Our team organized a Christmas high tea lunch for 50 local residents, who are all part of the wider community. Divided into groups, each with a specific task and clear instructions to ensure that the food was ready on time. We worked together to prepare a nice high tea including delicate sandwiches, colorful fruit sticks, devilled eggs and mozzarella sticks. Meanwhile, others folded napkins and created thoughtful place cards with a nice holiday message to the tables.
After finishing the food preparations, we started decorating the room, stringing garlands along the walls to create a festive atmosphere, and we made sure to have plenty of tea and coffee ready to serve. Just before the guests arrived, we prepared the freshly baked croissants and bagels on the tables, all ready to go for a nice Christmas high tea.
Serving coffee and tea became an opportunity to connect further, listening to local residents, each with their own personal story. It wasn’t just about the food or the decorations. It was about celebrating Christmas together, bridging gaps, and making everyone feel part of something special. Throughout the lunch, laughter was shared, kind words were said, and joy was simply present.
As the afternoon came to an end, we reflected on the impact of this simple yet meaningful gesture. The high tea lunch reminded us of the importance of kindness, the value of community, and the power of working together toward a shared goal. Not only did this experience allow us to give back, but it also strengthened our bond as colleagues, making it a truly memorable day.
At Zanders, we believe that giving back to the community is not just a responsibility but it’s an integral part of who we are. Initiatives like "Zanders Gives Back" allow us to live out our values, making a meaningful impact on the community while fostering a sense of purpose and connection among our team.
Such initiatives are important because they provide us with the opportunity to step outside of our daily work, come together as a team, and contribute to something bigger than ourselves. By engaging with the community, we not only spread joy and support those who may feel lonely or in need, but we also strengthen the bond between our employees, creating shared memories and deepening relationships in a way that goes beyond the workplace. Volunteering activities like this remind us of the power of kindness and connection. They exemplify our commitment to being a company that cares, not only about what we do but about the world we’re helping to shape and make a positive difference.
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
Find out moreThe 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
Find out moreRecently, 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
Find out moreThe Right Payment Orchestration Strategy: A Critical Factor for Success The digitalization and globalization of payment infrastructures have significantly impacted businesses in
Find out moreIn 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
Find out moreIn 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
Find out moreEffective liquidity management is essential for businesses of all sizes, yet achieving it is often challenging. Many organizations face difficulties due to fragmented data, inconsistent
Find out moreExploring 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
Find out moreAccurately attributing changes in counterparty credit exposures is essential for understanding risk profiles and making informed decisions. However, traditional approaches for exposure
Find out moreHowever, CCR remains an essential element in banking risk management, particularly as it converges with valuation adjustments. These changes reflect growing regulatory expectations, which were
Find out moreThe 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
Find out moreWithin 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
Find out moreAddressing 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
Find out moreSAP 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
Find out moreSAP 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
Find out moreHistorically, 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
Find out moreDespite 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
Find out moreIn 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
Find out moreSecurity 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
Find out moreIn a continued effort to ensure we offer our customers the very best in knowledge and skills, Zanders has acquired Fintegral.
In a continued effort to ensure we offer our customers the very best in knowledge and skills, Zanders has acquired RiskQuest.
In a continued effort to ensure we offer our customers the very best in knowledge and skills, Zanders has acquired Optimum Prime.
You need to load content from reCAPTCHA to submit the form. Please note that doing so will share data with third-party providers.
More Information