Are corporates’ centralisation needs being met by their banking partners?
It is essential for corporates to communicate the finer details to their banking partners; banks must be honest about their limitations in delivering results.
If recent trends are of any indication, corporates are increasingly gravitating towards regional treasury centres (RTCs). As discussed during a recent Sibos conference on “Best practices in the centralisation of treasury functions: Are corporates and banks aligned?”, whether these RTCs are located in Singapore, Hong Kong or other financial hubs, corporate treasurers are now looking at how banks can provide them with a one-stop view of cash flows for better visibility and cash mobility.
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Categories: Cash, Treasury & Trade
, Customer Centricity
, Operational Risk & Security
, Technology & Operations
, Transaction Banking
, Cash Mobility
, Sibos 2013