Results for ‘funds’
How can treasury become a sustainable function?
One of the key subjects in this re-assessment is the implementation of tangible and transparent Environment, Social, and Governance (ESG) factors into the business. Treasury can drive sustainability throughout the company from two perspectives, namely through initiatives within the Treasury function and initiatives promoted by external stakeholders, such as banks,…
Read moreClimate change risk
The Working Group II contribution to the IPCC’s Sixth Assessment Report states that “climate change is a grave and mounting threat to our wellbeing and a healthy planet”. It is a formidable, global challenge to transition to a sustainable economy before time is running out. Banks have an important role…
Read moreWhy would a Treasury implement virtual accounts? How to setup virtual accounts in SAP, Part I
Are you interested in how these can help your Treasury and how to implement them in SAP? Look no further; in this article we will guide you through the first steps of virtual accounts in SAP. What are virtual bank accounts? In its most basic form, a virtual bank account…
Read moreVirtual Account Concepts
There are many concepts in which a virtual account can be deployed. In this second article on ‘How to setup virtual accounts in SAP’, we depict the concept that can be implemented in SAP the easiest without needing specialized modules like SAP Inhouse cash; all can be supported in the…
Read moreProviding possible technical solutions for CLS in SAP Treasury
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 to leverage CLS to improve corporate treasury efficiency. In this article we shed some light on the possible technical solutions in SAP Treasury to implement…
Read moreZanders enters Middle East with ADGM office
From there, the financial consultant further expands its track record in the global market for treasury, risk and finance services. As capital of the United Arab Emirates, Abu Dhabi is home to large corporates, investment banks, fintechs, private equity firms and venture capitalists, asset managers and the largest sovereign wealth…
Read moreA guide to optimize SAP Treasury business partner design and maintenance
Additionally, business partners are essential in SAP for recording information related to securities issues, such as shares and funds. The SAP Treasury Business Partner (BP) serves as a fundamental treasury master data object, utilized for managing relationships with both external and internal counterparties across a variety of financial transactions; including…
Read moreZanders announces acquisition of Optimum Prime, enhancing its end-to-end services offerings
Utrecht, The Netherlands – January 11, 2024 – Zanders, a leading name in financial performance consulting, announces today the acquisition of the Dutch boutique software consultancy, Optimum Prime. This is a significant milestone in the journey toward enhancing its quantitative risk advisory capabilities and expands the service portfolio of Zanders…
Read moreSix years after the introduction of IFRS 9: Where do we stand?
We touch upon the main difficulties experienced by financial institutions in the Netherlands based on a combination of project experience, results of a survey, main attention points from the eyes of the regulator and observations from publicly available annual reports. Interested to learn more about the IFRS 9 framework components…
Read moreDebt Market Update Q4-2023
In the fourth quarter of 2023, European sovereign yields experienced a notable decline, reverting to levels reminiscent of early 2023. This shift was influenced by the European Central Bank (ECB), which opted to keep key interest rates stable as part of its strategy to achieve a 2% inflation target Consequently,…
Read moreThe EBA published its roadmap the implementation of Basel and starts with the first consultations
The European Banking Authority (EBA) published its roadmap on the Banking Package, which implements the final Basel III reforms in the European Union. This roadmap develops over four phases, and it is expected to be completed as follows: Phase 1: Covers 32 mandates in the areas of credit, market and operational risk,…
Read moreTreasury 4.x – Trends for Insurers
The productivity and performance of the treasury function within insurance companies have undergone a transformative evolution, driven by the emergence of what is now termed Treasury 4.x. In this digital era, characterized by rapid technological advancements, Insurance Treasury is transitioning towards a more dynamic and strategic role. Treasury 4.x is…
Read moreFind your formula: Our guide to pricing intra-group loans
In today's volatile macroeconomic climate, heightened by high interest rates, intra-group loans have become focal points for tax authorities. The application of an arm’s length interest rate in pricing these transactions has thus gained paramount importance. Organizations typically employ four main approaches—Comparable Uncontrolled Price (CUP), Cost of Funds, Economic Modeling,…
Read moreSurviving Prepayments: A Comparative Look at Prepayment Modeling Techniques
In brief Prepayment modeling can help institutions successfully prepare for and navigate a rise in prepayments due to changes in the financial landscape. Two important prepayment modeling types are highlighted and compared: logistic regression vs Cox Proportional Hazard. Although the Cox Proportional Hazard model is theoretically preferred under specific conditions,…
Read moreNavigating Carve-Outs: Treasury Transformation and Zanders’ Expert Solutions
The corporate landscape is continuously reshaped by strategic realignments such as mergers, divestments, and other M&A activities, wherein a company divests a portion of its business or acquires other businesses to refocus its operations or unlock shareholder value. These transactions greatly affect Treasury management, influencing cash flow, banking structures, financial…
Read moreA comprehensive guide to Credit Rating Modeling
For all the criticism that rating models and credit rating agencies have had through the years, they are still the most pragmatic and realistic approach for assessing default risk for your counterparties. Of course, the quality of the assessment depends to a large extent on the quality of the model…
Read moreSavings modeling series – How to determine core non-maturing deposit volume?
Identifying the core of non-maturing deposits has become increasingly important for European banking Risk and ALM managers. This is especially true for retail banks whose funding mostly comprises deposits. The last years, the concept of core deposits was formalized by the Basel Committee and included in various regulatory standards. European…
Read moreING’s perspective on deposit modeling: expert opinions, data, and common sense
In some European countries, savings rates appear to have hit a limit where they have stayed at a low level for a few years, despite interest rates moving down. This would suggest a structural shift where the relation between interest rates and savings rates has broken down. How can banks…
Read moreGetting a grip on the cash strategy
When a positive operating cash flow is realized, it is easier for a company to invest in acquisitions, fixed assets and innovation, for example. On the other hand, a negative operating cash flow can be an indication that the survival of an organization in the long term may be at…
Read moreImplications of CRR3 for the 2025 EU-wide stress test
With the introduction of the updated Capital Requirements Regulation (CRR3), which has entered into force on 9 July 2024, the European Union's financial landscape is poised for significant changes. The 2025 EU-wide stress test will be a major assessment to measure the resilience of banks under these new regulations. This…
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