Redbridge Debt & Treasury Advisory’s Post

Exciting News! ForexPeople partners with Cogent Treasury Solutions to streamline treasury services We’re proud to announce that ForexPeople has officially outsourced our treasury operations to Cogent Treasury Solutions (www.cogenttreasury.co.za | FSP 52434). This move strengthens our focus on delivering robust, cost-efficient services to our clients. Richard Beddow, MD of ForexPeople, shares: "This partnership with Cogent is already yielding significant benefits. Their specialized treasury management has reduced our internal resource strain, allowing us to focus even more on delivering highly personalized client service. By leveraging Cogent’s compliance and technology expertise, we’ve improved our ability to manage risks, optimize foreign exchange transactions, and achieve tangible cost savings for our clients." Richard also highlights Cogent’s advanced technology capabilities: "Cogent’s integration of AI tools has significantly enhanced our document management process. Their AI-driven platform securely and swiftly scans and verifies documents, improving both the speed and accuracy of compliance checks. This ensures greater efficiency while bolstering security—two crucial factors for businesses dealing with cross-border transactions." As South Africa aims to exit the FATF Grey List by June 2025, the increased regulatory scrutiny on financial institutions highlights the importance of precise compliance management. "Partnering with Cogent Treasury Solutions ensures that ForexPeople and our clients stay ahead of regulatory requirements, especially in an environment where cross-border transactions are under heightened scrutiny. Together, we’re not just managing currency risks better—we’re fully aligned with the latest compliance standards." With Cogent’s support, ForexPeople is better positioned than ever to help businesses navigate both the complexities of foreign exchange markets and the tightening regulatory environment, ensuring risk mitigation and currency optimization. #Partnership #TreasuryManagement #ForexPeople #RiskManagement #Compliance #FATFGreyList #CurrencyOptimization #ClientFocused #FinancialRegulations #AI #DocumentSecurity

In today’s business landscape, the treasury function plays a vital role in an organization’s success. Here’s a comprehensive look at this important field: ✨ What is Treasury? Treasury is the department responsible for managing cash flow, assets, and liabilities within organizations. Its goal is to ensure that funds are available to meet daily needs and achieve financial objectives. 📈 Main Objectives: Liquidity Management: Ensuring sufficient funds to meet obligations. Maximizing Returns: Investing assets to increase returns. Risk Mitigation: Analyzing and minimizing financial risks. 🛠️ Core Responsibilities: Managing cash flows. Analyzing financial data to forecast future needs. Financial risk management using derivatives. 💡 Treasury Tools: Short-term and long-term financing. Financial derivatives. Cash management funds for liquidity. 🌐 Technology in Treasury: Organizations utilize Treasury Management Systems (TMS) and AI to enhance operations and improve efficiency. ⚖️ Associated Risks: Liquidity risk. Interest rate risk. Currency risk. 🌟 Best Practices: Developing clear financial policies. Effective communication with stakeholders. Continuous training to stay updated on new trends. In conclusion, the treasury department is a crucial component of any organization aiming for financial stability and sustainable growth. 💪 #Treasury #Finance #RiskManagement #Liquidity #BusinessGrowth

Smart treasury management strategies can help your business stay resilient and flexible - attributes that are valuable in any economic climate. Our advisors are constantly refining our lineup of treasury management solutions to provide a robust digital payments ecosystem. Explore how we use these strategies to help our clients improve their cash flow. https://lnkd.in/g4pKYgxK #TreasuryManagement #CommercialBanking

What are we reading today at Kantox? 📚 A TMI article on the treasury outlook for 2024 (*). Featuring Jim Scurlock, CTP, Kemi Bolarin, Rogier van Lammeren, François Masquelier and TMI's Ben Poole, the article discusses treasury operations and the current technology landscape. I couldn't help but notice the terms 'centralisation', 'centrally', 'central' and 'centre'—although no mention is made of **FX centralisation**. So what is going on? First and foremost, the emphasis is on centralisation of cash—and its concomitant visibility. No real news here—everybody is talking about this, including ourselves at Kantox (see Currency Pulse # 16). Less expected was Expedia's mention of "centralising, cleaning and standardising our data to be able to put it in a central data lake". Once again, cash visibility is the ultimate goal. Expedia's Jim Scurlock, CTP even argues that treasurers at multinational companies can embed AI in data visualisation software, with the purpose of monitoring cash globally. This is really quite something. The seemingly out-of-the-blue hypothesis that enhanced automation can actually **reduce** the need for precautionary cash at companies (Currency Pulse # 18) becomes more credible by the day. (*) TMI: "Treasury Outlook: Be Flexible in the face of Challenges", February 2024.

In this Journey to Treasury Edition, the Legal Entity Identifier (LEI) is presented as the ultimate passport for cross-border payments. Clare Rowley of GLEIF explains how the LEI benefits corporate treasurers and banks by streamlining payment processes, KYC activities, and fraud prevention. The LEI's reference data is available in local languages with translations, overcoming inefficiencies like IBAN-to-name matching protocols. It also enhances AML onboarding, allowing for more precise beneficiary identification in payment messages. Download your copy here: https://lnkd.in/eAKhhkN8 #LEI #KYC #AML #Banks #Payments #Data

Trying to revolutionize cash visibility, streamline processes, and leverage the latest tech in #treasury? Join us for the live 30-minute session on March 27 at 10AM PT where you’ll learn how to transform your treasury department with the most effective #digitaltransformation strategy. Register here: https://bit.ly/3SUjTsR

As a corporate treasurer, staying up-to-date on the latest trends and best practices is crucial for success. That's why the Journeys to Treasury report is a must-read. This year's edition, a result of the long-term collaboration between BNP Paribas, the EACT - European Association of Corporate Treasurers, PwC, and SAP, provides a comprehensive analysis of the industry, including insights on: ✔ The impact of spin-offs and carve-outs on corporate treasury ✔ Effective counterparty risk management strategies ✔ Innovating tomorrow's treasury with AI, fintech, and digitalisation Get the inside track on the latest thinking and best practices in corporate treasury. Read more in this article: https://lnkd.in/e6dq_CcC and download your copy of the Journeys to Treasury report now at https://hubs.la/Q02Tf83r0 . #BNPParibas #JourneystoTreasury #JTT24 #CorporateTreasury #TreasuryManagement #AIinTreasury #Innovation

Here’s an interesting read on the evolving treasury landscape in APAC! Corporates in the region are grappling with the functionality of their Treasury Management Systems (TMS), according to industry experts. Sourabh Verma, head of treasury product marketing at ION, explored this trend in a recent Corporate Treasurer article. Sourabh explained that optimizing TMS is a new focus, with companies utilizing their TMS for in-house banking, derivatives management, and financial risk management. The “shopping around” approach is more common for large companies with complex treasury needs— or those treating treasury as a profit center. Read the article to know more. #treasurymanagement #riskmanagement

Here’s an interesting read on the evolving treasury landscape in APAC! Corporates in the region are grappling with the functionality of their Treasury Management Systems (TMS), according to industry experts. Sourabh Verma, head of treasury product marketing at ION, explored this trend in a recent Corporate Treasurer article. Sourabh explained that optimizing TMS is a new focus, with companies utilizing their TMS for in-house banking, derivatives management, and financial risk management. The “shopping around” approach is more common for large companies with complex treasury needs— or those treating treasury as a profit center. Read the article to know more. #treasurymanagement #riskmanagement

Do you want to stay ahead of new technologies, threats, and regulations in cash management? Corporate treasurers are under greater pressure than ever to optimise operational resilience. By modernising payment methods, leveraging digital transformation, and aligning with regulations, you can effectively manage risk and take advantage of new opportunities to position your organisation for sustainable growth. Develop your understanding of international cash management to help you mitigate risks and set your organisation up for success with our Certificate in International Cash Management qualification. Start studying today: https://okt.to/0rjDpC #cashmanagement #ACTLearning #treasuryqualification