Cash InvestmentsTechnology
January 12, 2023

Python Paves the Way for Improved Investment Performance

A NeuGroup member shares his company’s success using data analytics and automation to optimize portfolio returns. Data analytics and automation are increasingly popular tools for corporates looking to optimize the management of their investment portfolios. At a recent meeting of NeuGroup for Cash Investment 1, sponsored by Lord Abbett, two members from a Silicon Valley technology company presented on how they led a four-month project leveraging Python to pull critical data into an Excel spreadsheet on a daily basis to monitor…
January 5, 2023

Outside In: FP&A’s Role in Leading Finance Transformation

After completing finance transformation initiatives at two companies, one NeuGroup member shares keys to success. Accelerating the finance function’s digital transformation is one of the leading priorities for NeuGroup members heading into 2023, as many corporates seek to overhaul outdated, tactical finance organizations and embrace a more strategic, forward-thinking mindset. But where do you start? For Aaron Bloomer, vice president of global FP&A at Baxter International, the answer was simple: FP&A. “I’m a huge advocate of outside-in thinking,” Mr. Bloomer…
January 5, 2023

Not Yet in Writing: Most Treasuries Do Not Have a Formal D&I Policy

D&I financing and investing activities at many companies are governed by informal guidelines. New NeuGroup research reveals that 88% of treasuries do not have a formal policy to govern engagement with diversity firms, but a majority (56%) work within informal guidelines. NeuGroup conducted the November 2022 survey in partnership with the National Association of Securities Professionals (NASP), Fitch Ratings and Sustainable Fitch. The responses came from members of NeuGroup for Cash Investment Managers, Pension Managers, Capital Markets and our extensive D&I working group. Doing more,…
FXTalking Shop
January 5, 2023

Talking Shop: Comparing FX Trading Setups

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] Member question: “We have started a big FX global project and we would like to discuss other setups where you leverage FXall as a trading platform with full integration to a TMS and payments solution and with a global footprint for trading. “Does anyone have a FX trading desk and systems setup similar…
D&INeuGroup ViewpointTechnology
December 21, 2022

Bringing the Future of Finance Forward: Reflections on 2022

Key finance themes from 2022 include AI, digital assets, diversity and the role of humans in setting lines of defense.By Joseph NeuHere are six topics that drew my attention this year, all of which bring the future of treasury and finance forward. Diversity and inclusion in finance. It was telling that with everything going on in the world, members of NeuGroup for Mega-Cap Treasurers were most animated at their H2 meeting speaking about efforts promoting greater diversity and inclusion at their financial services…
The NeuGroup Insights InterviewTreasury Management
December 21, 2022

Starting Treasury from Scratch: One Expert’s Not Secret Recipe

NVA treasurer Chris Ingoldsby shares insights grounded in his creation of the treasury function at two companies. Building a complete treasury team is a marathon, not a sprint. However, there’s real value in a new treasurer scoring some quick wins soon after joining a company. That’s according to Chris Ingoldsby, an ultramarathoner who created the treasury function at NVA, and previously built it from the ground up at Riverbed Technology. You’ll hear more insights from Mr. Ingoldsby about his approach to…
Risk Management
December 21, 2022

Recession is Treasurers’ #1 Risk in 2023

A year of difference. At the start of 2022, treasurers ranked tightening labor markets as their companies’ top risk for the new year. Twelve months later, the war in Ukraine, rising inflation and a hawkish Fed changed the outlook dramatically. The preliminary results of NeuGroup’s 2023 Finance & Treasury Agenda Survey point to the challenges ahead: ​Going into 2023, treasurers cited a prolonged economic slowdown as their biggest concern. For treasurers, lower sales put higher pressure on working capital. Not surprisingly, treasurers…
Capital MarketsCryptoTreasury Management
December 15, 2022

Posts, Podcasts and Video: The Best NeuGroup Content of 2022

A curated collection of favorite NeuGroup Insights posts, videos and Strategic Finance Lab podcasts. The NeuGroup Insights newsletter this week flashes back on some of our best content of 2022. That includes popular and topical articles—some based on proprietary NeuGroup Peer Research survey data—as well as videos and—new this year—podcasts (the Strategic Finance Lab, available on Apple and Spotify). To read the full email, please click here. The selections reflect the range of immediate challenges finance organizations faced in 2022—including tight labor markets, rising…
Capital MarketsInvestment Management
December 8, 2022

Cash Investment Managers Watch and Wait for the Fog to Clear

Many NeuGroup members are shortening duration and some are avoiding maturities beyond six months. “This is the most uncertain time I’ve ever seen,” said a representative of Allspring Global Investments at the fall meeting of NeuGroup for Cash Investment 2, aptly capturing the sentiment of many members. Uncertainty and a sense that interest rates will keep rising despite fears of recession are among the reasons many of them are keeping average portfolio duration short amid the extreme inversion of the yield curve.…
Pension and BenefitsRisk Management
December 8, 2022

Handoff: Tips for Playing the Pension Risk Transfer Game

The improved funded status of pensions, thanks partly to higher interest rates, make PRTs a play worth considering. The need for pension teams to foster strong partnerships with other groups, hire an experienced external advisor and, for some, find a separate, independent fiduciary to select insurance companies emerged as key takeaways from a presentation about pension risk transfer (PRT) transactions at a recent meeting of NeuGroup for Pensions and Benefits. The complexity of PRTs makes it essential that the finance team…