Results for ‘funds’

Greenwashing in Finance: Navigating the Shades of Sustainability

In recent years, consumers’ and investors’ interest in sustainability has been growing. Since 2015, assets under management in ESG funds have nearly tripled, the outstanding value of green bonds issued by residents of the euro area has surged eightfold, and emission-related derivatives have seen a more than sevenfold increase1.  The…

Targeted Review of Internal Models (TRIM): Review of observations and findings for Traded Risk

The EBA has recently published the findings and observations from their TRIM on-site inspections. A significant number of deficiencies were identified and are required to be remediated by institutions in a timely fashion. Since the Global Financial Crisis 2007-09, concerns have been raised regarding the complexity and variability of the…

Why is modeling non-maturing deposits essential?

For banks, using variable savings as a source of financing differs fundamentally from ‘professional’ sources of financing. What risks are involved and how do you determine the return? With capital market financing, such as bond financing, the redemption is known in advance and the interest coupon is fixed for a…

MuniFin builds balance sheet strength for sustainable growth

As MuniFin has been growing fast in recent years, the bank is now under the supervision of the European Central Bank (ECB). This means complying with the corresponding regulations, particularly in the field of asset and liability management (ALM). How does the organization deal with the new ALM challenges? MuniFin,…

Endemol Shine Group’s new Treasury show

Endemol Shine Group (ESG), a private equity-owned, Dutch-based media company with global operations, is the world’s largest independent producer and traveler of formats. The company has grown mainly through acquisitions, resulting in a treasury organization that was largely decentralized. In 2017, the new treasury team opted for a full treasury…

TU Delft invests in real estate using insightful financial prognoses

The Delft University of Technology (TU) aims to be a world-class institution with excellent research in specific disciplines. In order to achieve this, it needs good research facilities. A substantial part of the current facilities is up for renovation. How can this be financed in times of cost cutting? More…

Nationale-Nederlanden – Assured of straightforward Banking Services

In the Netherlands of the eighteenth century, a diverse range of regional funds was set up to reduce the risk of setbacks in certain professions or in vulnerable regions. Two national life insurance companies, De Nederlanden van 1845 and Nationale Levensverzekering-Bank, over the course of the nineteenth and twentieth centuries,…

FMO: Investing in development

FMO provides financing for companies in Africa, South and Central America, Asia, and Eastern Europe, and its mission is to empower entrepreneurs to build a better world. “And in the context of this mission we have two objectives,” says Paul Buijze, FMO’s director of finance & mid-office. “We only finance…

IFRS 9 Amendments: Settlement-Date Accounting and the End of Distorted Liquidity Positions

For treasury and finance teams, this isn’t merely an accounting tweak. It changes how liabilities, assets, and liquidity are presented at reporting cut-offs, with considerable implications for system configuration and investor perception. What has changed? Under past practice, liabilities typically were removed from the balance sheet as soon as payment…

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Financial Performance Conference

Watch the FPC 2025 Recap https://youtu.be/5YK5PRWESCw

Managing Virtual Accounts using SAP In-House Cash

SAP IHC is a module that facilitates a full suite of payment factory processes. It can be seen as an intercompany position subledger with a set of fancy features like POBO payment routing, bank statement allocation, arms-length intercompany interest calculations, out of the box payment and bank statement interfaces with…

Mortgage valuation, a discounted cash flow method

The most common valuation method for mortgage funds is known as the ‘fair value’ method, consisting of two building blocks: the cash flows and a discount curve. The first prerequisite to apply the fair value method is to determine future cash flows, based on the contractual components and behavioral modeling.…

7 Steps to Treasury Transformation

Treasury transformation refers to the definition and implementation of the future state of a treasury department. This includes treasury organization & strategy, the banking landscape, system infrastructure and treasury workflows & processes. Introduction Zanders has witnessed first-hand a treasury transformation trend sweeping global corporate treasuries in recent years and has…

Updated IRRBB guidelines pose new challenges for banks

This long-awaited update for the management of Interest Rate Risk in the Banking Book (IRRBB) builds on the original guidelines published in May 2015. It also effectively is the translation to European law of the IRRBB Standards published by the Basel Committee on Banking Supervision (BCBS) in April 2016. Market…

Model Risk Management

Financial institutions rely on complex quantitative models, processes and systems for business steering, risk management, financial reporting and to comply with regulation. The risk of errors in these models due to incorrect development, implementation or use is therefore of primary concern to internal and external stakeholders. At the same time,…

Sustainability in Switzerland: Recent developments

The Federal Council in Switzerland wants to make sure that the Swiss financial sector will play a leading role in sustainability. To help accomplish this, it published an action plan in December for the period 2022-2025. Furthermore, the Swiss supervisory authority FINMA issued additional guidance on how financial institutions need…

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…

Providing possible technical solutions for CLS in SAP Treasury

Continuous Linked Settlement (CLS) is an established global system to mitigate settlement risks for FX trades, improving corporate cash and liquidity management among other benefits. The CLS system was established back in 2002 and since then, the FX market has grown significantly. Therefore, there is a high demand from corporates…

Preventing a next bank failure like Credit Suisse: More capital is not the solution

After the collapse of Credit Suisse and the subsequent orchestrated take-over by UBS, there are widespread calls for increasing capital requirements for too big too fail banks to prevent future defaults of such institutions. However, more capital will not prevent the failure of a bank in a bank-run like Credit…