All Posts By

Justin Jones

Treasury Management
April 13, 2023

Back to Office Catalyst: Face Time To Boost Odds of Promotion

Leaders are trying subtle, mostly unspoken, ways of conveying that more time in the office is a path to advancement. Treasury and finance leaders at some companies with hybrid work policies are seeing progress enticing more team members to show up at the office by making it clear, if not saying it explicitly, that coming in and spending time with senior staff improves their chances for career advancement and promotions. A related talent takeaway from conversations at the fall meeting…
Justin Jones
Love0
FP&ANeuGroup ViewpointTechnology
April 13, 2023

The Challenge of Building Agility Into Finance

How finance organizations can become more resilient amid disruption and demands to accommodate rapid changes in the business landscape.By Nilly Essaides Change, of course, is not new. But its speed and velocity have grown exponentially since the start of the pandemic. And its relentlessness is pressuring finance departments to speed up the delivery of data-driven decision-making support to the C-Suite and business leaders. An uncertain economic environment, a cloudy outlook for interest rates and inexorable technological innovation present CFOs and…
Justin Jones
Love0
BankingCash InvestmentsTalking Shop
April 13, 2023

Talking Shop: Investment Policies and Counterparty Risk on Cash

Editor’s note: NeuGroup’s online communities provide members a forum to pose questions and give answers. Talking Shop shares valuable insights from these exchanges, anonymously. Send us your responses: [email protected]. Context: The failures of Silicon Valley Bank, Signature Bank and Credit Suisse dramatically drove home the critical need of corporations to keep close tabs on the credit worthiness of their banking partners. In response to the crisis of confidence, some companies moved money out of smaller, regional institutions into large, global systemically important…
Justin Jones
Love0
Capital MarketsRisk Management
April 6, 2023

Volatile Rates Spark Corporate Interest in Pre-Issuance Hedging

Multiple members have executed pre-issuance hedges in recent weeks, with many more strongly considering them. Extreme volatility in interest rates is fueling strong interest in pre-issuance hedging among NeuGroup members who want to mitigate risk—especially those who plan to issue fixed-rate debt in 2023. At the first-half meeting of NeuGroup for Capital Markets sponsored by Chatham Financial and Loop Capital Markets, members and representatives from Chatham agreed that this is an opportune time for companies to consider pre-issuance hedging, particularly using forward-starting swaps.…
Justin Jones
Love0
D&IInvestment Management
April 6, 2023

Driving Diversity: A Company’s DEI Scorecard for Asset Managers

One corporate uses data on firms’ racial and gender representation relative to the US Census and their peers. A dearth of minority-owned firms that manage fixed-income assets—and a desire to hold all its asset managers accountable on diversity initiatives and metrics—led the treasury team at one NeuGroup member company with a large cash balance to develop a scorecard for diversity, equity and inclusion. The company’s treasurer shared it with peers at a recent meeting of NeuGroup for Mega-Cap Treasurers. The treasury team’s asset…
Justin Jones
Love0
BankingCrypto
April 6, 2023

Navigating Crypto’s Liquidity Crisis: Diversification is Key

A tumultuous March has shaken confidence in crypto markets’ liquidity; major players like BNY Mellon are rebuilding trust.As the Fed addresses the ongoing crisis of confidence in the banking sector, the mostly unregulated cryptocurrency market is still reeling from the spillover effects of the collapse of Silicon Valley Bank and Signature Bank: both were active supporters of crypto market transactions. The closure of Signature and Silvergate Bank meant the elimination of Signet and Silvergate Exchange Network—two 24/7 digital payment networks used by most in…
Justin Jones
Love0
Risk ManagementTechnology
March 30, 2023

DIY with RPA: A Tool Removes the Pain of CSA Collateral Exchange

UPS and Coca-Cola describe automation solutions they made using UiPath to cut time exchanging cash, reconciling. Artificial intelligence and machine learning may ultimately be major forces in the digital transformation of finance orgs. Right now, though, more NeuGroup members are bringing the future forward and scoring wins with robotic process automation (RPA) solutions that can relieve the pain and drudgery of manual processes that take way too much time. To wit: two members of NeuGroup for Mega-Cap Assistant Treasurers—UPS and Coca-Cola—recently explained how they used RPA…
Justin Jones
Love0
FXTechnology
March 30, 2023

Fed Up With Fees but Finding Few Options to Bloomberg Terminal

Members express frustration with Bloomberg’s data licensing fees and some explore alternatives. The cost of paying Bloomberg’s data fees on top of what the company charges for a Terminal subscription sparked complaints and conversation at a recent meeting of NeuGroup for Foreign Exchange 2. The prices present a dilemma for treasury teams that don’t use the high-end tool on a daily basis but haven’t found alternatives they really like. One member said her treasury team only logs on to Bloomberg Anywhere three times…
Justin Jones
Love0
D&ISenior ExecutiveThe NeuGroup Insights Interview
March 30, 2023

She Told the CFO She Wanted To Be Treasurer One Day. Now She Is.

Advice on advocating for yourself from Sandra Ramos-Alves, treasurer of Bristol Myers Squibb.Sandra Ramos-Alves was an assistant treasurer at Celgene when Bristol Myers Squibb bought it in 2019. By June of 2021, she was acting treasurer of BMS. And in October of that year she was named senior vice president and treasurer of the pharmaceutical giant that had acquired the company where she had worked for more than 14 years. In a Strategic Finance Lab podcast episode you can hear by…
Justin Jones
Love0
Risk Management
March 23, 2023

Hedging Commodity Risk: How Polaris Put the Pieces Together

Treasury, backed by the C-Suite and Chatham Financial, worked with procurement to better manage commodity risk exposure. Starting or reviving a commodities hedging program requires risk managers in treasury to collaborate with procurement teams and secure the backing of the C-Suite to overcome challenges in securing changes in contracts that facilitate the use of hedge accounting. In addition, some corporates will benefit from having a knowledgeable advisor help navigate the complexities of hedging commodities. Those are few of the takeaways…
Justin Jones
Love0

Connecting Every Finance Professional Who Wants To Share And Learn

Learn more

Knowledge Exchange

About

Need help?

©2024 - NeuGroup, Inc.

Privacy Policy