EACT Briefing Focus: KYC

EACT Briefing Focus: KYC

KYC has become a serious concern for many corporate treasurers over recent years: it is increasingly complex to fulfill all unstructured requests. In all recent surveys conducted by the EACT, KYC is listed as a top priority for corporates and its rising costs are a source of frustration as KYC consumes lots of time, resources and money. Central KYC registers or solutions would create significant savings.

CFO Sentiment | Edition 6 by Deloitte

CFO Sentiment | Edition 6 by Deloitte

A weaker domestic and global economic outlook weighed on Australian CFO sentiment in the final half of 2018. The US-China trade war and broader sharemarket declines have emerged as major drivers of weaker confidence, and this is limiting risk appetite. This shift means CFOs are now looking to government to provide further economic support through investment activities.

The CFO outlook for the Australian economy has also become more subdued, with expectations of further house price declines. There are still some positives, with expectations of a stable dollar and share market recovery.

Given these challenges, CFOs continue to look to leverage the benefits of digital transformation to improve efficiency. They are also actively changing their talent acquisition processes to access people who can manage this transformation going forward.

The road to real-time treasury

The road to real-time treasury


Imagine a world of real-time treasury – one where cash is sent and received in real time, and updated automatically on centralised dashboards for all stakeholders to see. 

In this whitepaper, “The road to real-time treasury”, Deutsche Bank combines recent research with Euromoney and expert views to assist corporate treasuries to plan for the future real-time world. In this future, FX conversions are carried out automatically and in real time, with hedges generated instantly to address risky exposures. Surplus funds are invested automatically according to treasury-determined preferences for risk, return and diversification, while cash-flow forecasts are generated and updated in real time – pinpointing when and how much borrowing is required.

The real time treasury is a concept that has grown in popularity over the last few years, yet it remains, in the minds of many, a long way down the road. In reality, however, the industry has made considerable progress along this road – either developing or already providing the majority of supporting services required for real-time treasury management. Though a far-flung vision to some, the real-time treasury is quickly becoming a reality.

The business of treasury 2018

The business of treasury 2018

Every organisation needs the ability to understa2018-act-reportnd the future and, treasurers are increasingly working with colleagues to develop ‘predictive insights’. In early 2018, treasurers were interviewed in the UK, the rest of the EU, the Middle East, North America, Asia-Pacific, and Africa, as part of an ongoing programme of annual research.

This report forms the most detailed set of insights available into treasury’s role within global business revealing a continuing, palpable shift in the role of treasurer from finance specialist and information provider to collaborator in strategic decision-making.

Discover the insights

KBA Melbourne