Exchange Newsletter 2018 | Australian Corporate Treasury Association

Content

Message from the CEO
Are you a SME wanting help managing and protecting your cash?
Deloitte report: forecasting in a digital world
Update from the Technical Committee

Message from the CEO

Dear Members,

Conference 2018 is almost upon us, only one week to go – I look forward to seeing many of you there, and if you haven’t registered yet, there is still time! Check out the great program – there’s lots for everyone!

Aside from the conference, CPD is top of mind for us. A quality program, content delivery, and web presence are basic expectations for members of any association. We’re currently working hard on all three, but as with anything, feedback is very welcome – and so are volunteers to present or write on areas of interest. To help us achieve this, it gives me great pleasure to introduce a new starter, Sandra Perrett who is the Marketing and Communications Manager. I’m sure you have already seen a lift in content we are sharing, and she will be working with our Technical and State Committee’s on building our CPD calendar – you can reach Sandra here.

Lastly, thank you to everyone I have met, emailed, called or otherwise interacted with over the past year. I’m heading towards a year with FTA and we continue to make some great strides, but only with your help! This organisation is built on solid foundations – the members and office bearers – and with great corporate support, we have enormous potential and I look forward to seeing more and more of it come to fruition.

Are you a SME wanting help managing and protecting your cash?

Treasury isn’t just the domain of ASX 200 companies. If you do anything with cash then a Treasury strategy is something that can add real value to your bottom line.

Together with our partners, Barrington Treasury Services and Rochford Group, we are creating a series of educational articles to help business understand how Treasury and cash strategy can help their business.

Add me to your mailing list

Deloitte report: forecasting in a digital world

Working on improving the forecasting process with predictive analytics

CFOs are in a prime position to challenge the way the enterprise looks at and consumes data. In the area of forecasting, they can champion an innovative, data-driven approach that will help people predict the financial future of their business. By modeling the potential impact of important decisions, they can help generate smarter insights and stronger business outcomes.

Download report

Update from the Technical Committee

The October Technical Committee meeting followed closely after SIBOS, a 4-day event, which included 6 streams each day at the Sydney International Convention Centre. A number of members attended and noted a number of themes around APIs and digitisation.

We will no doubt hear more about these themes at the FTA Conference next week and the committee looks forward to connecting with as many members as possible over the 2 days.

During the Technical Committee meeting, we discussed some current issues, such as the international accounting bodies discussing potential changes to IFRS and risk. In the transaction banking space, we also discussed the difficulties digitising trade finance and KYC issues. We also noted the RBAs announcement that the volume of New Payment Platform payments now exceeds cheques. Returning to KYC issues, this was a regular theme of Fintech booths at SIBOS, particularly around digital identity and open banking.

The professional development calendar also reviewed with some support for potential new topics following the FTA Conference. We’re also gearing up for Treasury Fundamentals in the new year and looking for interested members to join Technical Committee members in developing this course. We also discussed some great developments with the website, so stay tuned! As always the weekly update will keep you in tune with new developments.

I also provided an update on the recent ISDA Regional conference, which focussed on IBOR fallbacks, initial margin and incentives to clear, together with some digital finance. IT was too early for the results of ISDA’s survey (FTA submitted a response to the consultation), however there were clear messages from Regulators and ISDA members to be ready for potential removal of a number of IBORs. The ASX and many speakers were, however, confident BBSW will continue as a valid benchmark.

I’m sure these issues, along with many others, will be discussed at the conference and we look forward to seeing you there! Please feel free to share your thoughts with us.

Many thanks,
Lindesay Brine, FFTP
Technical Committee Chair

Content

Message from the CEO

Are you a SME wanting help managing and protecting your cash?

Deloitte report: forecasting in a digital world

Update from the Technical Committee

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