State-of-the-art financial risk management at Türk Telekom

Türk Telekom, with 175 years of history, is the first integrated telecommunications company in Turkey. Due to its long-term foreign currency funding structure, Türk Telekom has significant foreign exchange exposures.

Read More

VIVAT: one tool for risk management and Solvency II reporting

The insurance company VIVAT was looking for a flexible tool to perform standard model calculations according to Solvency II directives. It decided to use the existing risk-initiated ALM tool which led to some challenges but which now offers various advantages.

Read More

Sanofi: overcoming complexity to implement a global payment factory

When the multinational pharma company Sanofi set out to implement a global payment factory based on SAP, the sheer size and scope of the project made it seem a Herculean task. But with meticulous planning, the right expertise and skilled team-building, the treasury team achieved a very successful outcome.

Read More

Bucher’s clean sight on asset exposure

With its expansion in Asia, Bucher Industries faced a tradeoff between local currency funding or central intercompany funding in Swiss francs for its foreign subsidiaries. This choice has an impact on the company’s net asset value exposure. In order to pro-actively manage these translation risks, Bucher looked for a partner to develop an integrated decision-making framework.

Read More

CN: On the right track to payments harmonization

Canada’s largest railway set out to simplify its payments and improve reconciliation with enhanced remittance data, while also reducing IT support costs. The project will run parallel with the Canadian Payments Association’s (CPA’s) initiative to modernize the system and introduce ISO 20022 formats. So, following a thorough request for information (RFI) and request for proposal (RFP) process with the banks, the Canadian National Railway Company (CN) now has its future vision for bank connectivity and global-standard payments, as well as a multi-year roadmap to establish best practices.

Read More