Results for ‘Treasury’

ISO 20022 XML version 9 – So what’s new?

But the adoption of ISO 20022 XML messaging goes beyond SWIFT’s adoption in the interbank financial messaging space – SWIFT are currently estimating that by 2025, 80% of the RTGS (real time gross settlement) volumes will be ISO 20022 based with all reserve currencies either live or having declared a…

How to manage SWIFT MT/MX Migration in SAP 

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 network; The MT flow for message categories 1 (customer payments), 2 (FI transfers) and 9 (statements) through the…

Estee Lauder’s experience with Zanders Transfer Pricing Suite

In an effort to continuously improve and automate its internal processes, the American multinational cosmetics company wanted to leverage technology and further enhance the Transfer Pricing compliance of financial transactions. As a result, it engaged Zanders to use its cloud-based Transfer Pricing Suite. Estee Lauder has been Zanders’ client for…

How Royal FloraHolland grew a global cash management bank relationship from scratch

Royal FloraHolland is a cooperative of flower and plant growers. It connects growers and buyers in the international floriculture industry by offering unique combinations of deal-making, logistics, and financial services. Connecting 5,406 suppliers with 2,458 buyers and offering a solid foundation to all these players, Royal FloraHolland is the largest…

Sulzer’s new market data platform

The new data system now takes care of the storage, conversion and application of data needed for treasury, to determine the rates for its loans, forwards or swaps. Sulzer is a Swiss industrial engineering and manufacturing firm that specializes in pumping solutions and offers services for rotating equipment and technology…

How Takeda centralized its payments

To standardize banking connectivity worldwide, record all financial instruments and increase cash visibility, Takeda implemented Kyriba Treasury as its TMS back in 2019. Subsequent to this initial implementation, a second phase of the project – to implement the Payments module of the TMS – was embarked upon in 2022. For…

MODEC’s step to an automated FX hedging process

In 2020, the company decided to automate this process, successfully reducing the time spent on it from three days to within one day. Headquartered in Tokyo, MODEC is a general contractor for the engineering, procurement, construction and installation (EPCI) of floating systems for deep-sea oil production. These systems include FPSO…

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 is indeed a challenge, especially when it comes to connecting with local banks. Traditional options The initial reaction from treasurers not familiar with local…

Zanders announces acquisition of Fintegral to enhance risk management solutions

Utrecht, The Netherlands – July 28, 2023 - Zanders, a leading global provider of treasury, risk management and technology solutions, today announced the acquisition of Fintegral, a renowned European risk consulting firm. This strategic acquisition strengthens Zanders' commitment to delivering comprehensive risk management solutions to its global clients. Fintegral, known…

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 certify, warrant, endorse or recommend any service provider listed in its directory and Swift customers are not required to use providers listed in…

The CGI-MP – What’s it All About and Can it Really Deliver?

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). Explaining its role, objectives and how it has the potential to redefine what is possible in terms of taking the multi-banking…

ISO 20022 XML (Pain.001.001.09) – Introduction of the Structured Address

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 series, Zanders experts Eliane Eysackers and Mark Sutton provide some valuable insights around this industry requirement, the challenges…

SAP Analytics Cloud – Liquidity Planning in SAC

While SAC is a planning tool to be considered, it requires further exploration to evaluate its fit with business requirements and how it could unlock opportunities to potentially streamline the CFF process across the organization. For the organizations already using SAP BPC (Business Process & Consolidation) for planning, SAC could…

CEO Statement: Why Our Purpose Matters

The Zanders purpose Our purpose is to deliver financial performance when it counts, to propel organizations, economies, and the world forward. Recently, we have embarked on a process to align more effectively what we do with the changing needs of our clients in unprecedented times. A central pillar of this…

Funds

The world around us is changing rapidly. With the energy transition, healthcare, education, pensions, integration, labor participation, data, and privacy, our country faces many societal challenges. Financing these challenges is a crucial issue, where the use of funds, often publicly initiated and financed, provides part of the answer.​

Demystifying blockchain security risks

To fully leverage the benefits of this technology, it’s essential to understand and address security threats when implementing blockchain solutions. As a decentralized distributed ledger technology, blockchain can add value as a platform that integrates a corporate’s operational processes with its treasury processes. This could drive treasury efficiencies and reduce…

About Zanders

Our team of experts has extensive experience in supporting multinational corporations, financial institutions, public sector entities and NGOs. Since our founding in 1994, we have been dedicated to providing our clients with innovative and practical solutions to their financial challenges. Over the three decades since, Zanders has provided the minds,…

Global disruptions demand Treasuries to act fast

 In today’s world, supply chain disruptions are consequences of operating in an integrated and highly specialized global economy. Along with affecting the credit risk of impacted suppliers, these disruptions are demanding Treasuries to operate with increased working capital. In March 2021, a vessel was forced aground due to intense winds…

Risk Strategy

Risk