Results for ‘funds’

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.​

Insights into cracking model risk for prepayment models

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 variables, models only capture reality to a certain extent. Therefore, model risk - the potential loss a business could suffer due to…

Liquidity Risk

Market Risk

Debt Market Update Q2-2024

The ECB reduced the deposit facility rate for the 1st time since September 2019. The recent 25 bps reduction leaves the rate at 3.75%. EU Loan & Bond markets see significant issuances in Q2 2024 during a period of lower spreads and significant demand from investors in European Corporate debt.…

Implications 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…

SaaS PRIIPS

Surviving Prepayments: A Comparative Look at Prepayment Modelling Techniques

In brief Prepayment modelling can help institutions successfully prepare for and navigate a rise in prepayments due to changes in the financial landscape. Two important prepayment modelling types are highlighted and compared: logistic regression vs Cox Proportional Hazard. Although the Cox Proportional Hazard model is theoretically preferred under specific conditions,…

Navigating 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…

Find 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,…

Treasury 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…

The 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,…

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…

Debt 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,…

Six 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…

Zanders 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…

Environmental and social risks in the prudential framework: Possible implications for banks

In October 2023, the European Banking Authority (EBA) published a report[1] with recommendations for enhancements to the Pillar 1 prudential framework to reflect environmental and social (E&S) risks, distinguishing between actions to be taken in the short term and in the medium to long term. The short-term actions are to…

Driving Treasury Innovation: SAP Digital Currency Hub 

In this article, we explore this stablecoin payments trial, examine the advantages of digital currencies and how they could provide a matching solution to tackle the hurdles of international transactions.   Cross-border payment challenges  While cross-border payments form an essential part of our globalized economy today, they have their own set…

A 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…

SAP Treasury conference in Amsterdam 

Of the many attending corporates and partners were offered the opportunity to hear the latest ins and outs of treasury transformation with S/4HANA.   Next to the enhancements in S/4HANA Treasury, customers had a clear need to understand what it could means for their Treasury and how they could achieve…