Remove Risk Remove Risk Mitigation Remove Treasury Management
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European Central Bank Picks Treasury Management Tech Provider

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According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

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Treasurers Trust Big Data For Real-Time Risk Assessment

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Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. One is in assessing counterparty strength.

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What Treasurers Overlook When Managing Risk

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Risk mitigation is often thought of in the context of FX volatility and global trade. That’s according to OpenLink VP of Commodities and Treasury Solutions Mark O’Toole. Both shook up the foreign exchange risk management space for corporate treasurers. Bringing Them Together.

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Treasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds

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But though there is evidence treasurers are stepping up to the plate, the research finds that not only are there ongoing risks that treasurers must address, many are not adequately doing so. Ninety percent agreed that the treasurer holds an important role as a “steward for risk management for the company.”.

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Turning Currency Volatility Into A Global FX Strategy

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Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms.

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Reval’s Treasury Tools Find A Buyer

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Reval offers treasury management solutions that have now become the target of an acquisition. “The acquisition of Reval substantially increases our footprint in treasury cloud services and enriches our product portfolio with leading functionality in risk and hedge accounting,” said ION CEO and Founder Andrea Pignataro.

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Why Banks Need FinTech To Address Their Own Complicated Treasuries

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But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Managing Risk. Managing liquidity and credit risk are definitely of main concern to FIs.