Cyber riskRisk Management
May 18, 2023

A Cybersecurity Policy That Adapts to the Time and the Place

Dark web monitoring and burner phones are among the ways members are minimizing risk in the modern world.In a world increasingly plagued by ransomware, and now the threat of AI-driven mischief fueled by the rise of large language models like ChatGPT, it’s time for cybersecurity policies to adapt with the times, according to members of NeuGroup for Enterprise Risk Management. At the group’s first-half meeting, one member shared their experience leading a company-wide initiative to create a comprehensive cyber risk policy. A guest…
TechnologyTreasury Management
May 18, 2023

Data Boot Camp and Beyond: Boosting Treasury’s Tech Skills

Treasurers must elevate their staff’s data and technology IQ—and figure out the best ways to do that.The flurry of finance automation initiatives is presenting new challenges for finance leaders. Traditional roles, in cash ops, FX and cash forecasting among others, are being reshaped as manual work is supplanted by automation. Be it a new TMS, a planning solution, cloud ERPs or AI, the tech and data skill requirements for finance professionals are expanding and not everyone is prepared. Automation abounds.…
NeuGroup ViewpointTechnology
October 20, 2022

Connecting the Dots

Why the level of connectivity among people, processes and systems is the key to unlocking finance’s true value. By Nilly Essaides Finance used to sit in an ivory tower. Over time, brick by brick, we have been dismantling the walls that kept the finance organization separate from other functions and business operations. However, there remain barriers to connecting finance professionals, processes and systems within the function and throughout the enterprise. These structural impediments create unnecessary friction and information gaps that…
NeuGroup News
May 2, 2022

Alyssa McArdle Joins NeuGroup as Director of Events

Alyssa McArdle: A new leader for NeuGroup’s renowned in-person events where members connect with peers, exchange knowledge and hear insights from experts.NeuGroup is extremely pleased to announce the appointment of Alyssa McArdle as Director of Events—a critically important role as our members, sponsors and partners return in 2022 to attending the singular, signature in-person meetings and networking events that are integral to NeuGroup’s history, reputation and success. Alyssa’s mandate is to create events rich in compelling content, conversation and camaraderie…
NeuGroup News
February 1, 2022

Black History and the Future: Finance Teams Pushing for Change

NeuGroup marks Black History Month by highlighting the efforts of members to make good on corporate DEI goals. NeuGroup is celebrating Black History Month this year by highlighting ongoing initiatives by our members to promote diversity, equity and inclusion on their teams and at their companies. These efforts include supporting Black communities where those companies do business. And allocating more business, attention and time to Black-owned financial institutions as well as larger banks and brokerage firms creating opportunity for Black…
Libor SOFRThe NeuGroup Insights Interview
August 6, 2021

ARRC Chair Wipf on the Libor Transition Marathon: ‘We Have Passed the Wall. We Hope We’re on the Downhill.’

Part one of a video interview by NeuGroup founder and CEO Joseph Neu with Tom Wipf, chair of the Alternative Reference Rates Committee, on what the ARRC and he have learned about Libor and what lies ahead as market participants switch to SOFR. The transition away from Libor got a major boost in late July after the ARRC announced the recommendation of CME Group’s forward-looking Secured Overnight Financing Rate (SOFR) term rates, following the completion of a key change in…
ESGRisk Management
July 22, 2021

Reading the Tale of the Tape on Energy Transition

Economist Ed Hirs shared his perspective on the energy transition with NeuGroup Oil & Gas treasurers.By Joseph Neu“There is nothing you can do to fight the tape,” University of Houston Energy Fellow and Zero Carbon Cycle LLC co-founder Ed Hirs said recently. Energy transition is here, with more than 75% of the public now wanting to reduce carbon emissions, he noted. But the tape, or market trend, also points to the need for energy to support economic and population growth—in developing markets…
BankingCapital MarketsFX
July 22, 2021

Ripple Effects: Gauging Inflation’s Impact on US Rates and Economy

Despite increasing inflation, interest rates should remain low until late 2023, UMB bank tells assistant treasurers. Economic growth turned negative at the start of the pandemic but is rebounding strongly as the United States advances through what some call the Great Rotation—major changes that Eric Kelley, executive VP and director of research and fixed income for UMB Bank, said should result in a strong reopening over the next 12 to 24 months. UMB Bank is a large regional bank serving mainly…
Risk ManagementTalking Shop
July 22, 2021

Talking Shop: Interviewing Management to Uncover Risks

Member question: “Has anyone, recently or in the past, conducted broad wide-scale open-ended (i.e., not scripted Q&A) risk interviews of top management and leaders as the primary means to collect risk-identification inputs? “I am looking to share thoughts and experiences regarding the effectiveness, as well as methods to summarize, quantify and present the key findings.“I have interviewed board members, executive staff, management VPs+, totaling in the range of 75-100 one-on-one discussions. I am seeking recommendations on the process.” Peer answer…
TechnologyTreasury Management
August 18, 2020

Paying Employees On Demand Brings Both Benefits and Risks to Corporates

The gig economy and the pandemic are boosting interest in pay solutions that may present legal and regulatory issues.The pandemic and the gig economy are prompting traditional employers to explore their options for so-called on-demand pay services that put money in the hands of workers when they need it most. US Bank laid out the benefits and potential complications for corporates of some of these solutions at a recent meeting of the NeuGroup for Retail Treasury. Some basic background: Today’s…