As gate keeper of corporate’ cash balances, the core treasury responsibility has always been, and will always be, to ensure the company has sufficient funds to pay all company’s obligations at the appropriate time and in the appropriate currency. Nothing new here.
Zanders has decided to participate in the ISO 20022 Payments Standards Evaluation Group (SEG). This is a milestone event as Zanders continues on its growth strategy to help corporates become better, smarter and more efficient in the way they work. To help explain the significance of this decision, we need to consider Zanders’ broader engagement in the global financial standards domain.
SWIFT’s Customer Security Programme (CSP) helps corporates and financial institutions ensure their defenses against cyberattacks are up to date and effective, to protect the integrity of the wider financial network. Before the annual attestation of their level of compliance to SWIFT at the end of the year, users need to compare the security measures they have implemented with those detailed in SWIFT’s Customer Security Controls Framework (CSCF).
Annual inflation rate in US has reached 8.6% in May 2022, which is a highest rate in 41 years. Similarly, inflation is peaking at record high in the euro area with the annual inflation rate of 8.1% in May 2022. An integrated financial risk framework helps treasurers to understand the impact of inflation on other financial risks and the interactions between these risks.