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Justin Jones

ComplianceRisk Management
July 10, 2024

Spread Risk Awareness by Spreading the Wealth

Using financial incentives to drive a culture shift in risk management across all levels of a company. Legendary investor and Warren Buffett’s late partner Charlie Munger once said, “show me the incentive and I’ll show you the outcome.” In the business world, monetary incentives drive better decisions, behaviors and outcomes—at least in theory. But can all behaviors be incentivized? What about those involving risk? Discussions at a recent meeting of NeuGroup for Enterprise Risk Management revealed that, as you might expect, enterprise…
Justin Jones
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Investment ManagementTechnologyUncategorized
June 26, 2024

Freeing the Potential of Data: The Right People and Technology

HSBC dives into unleashing the power of data, emphasizing the need for the right tools and individuals who know how to use them. Corporate treasury teams are increasingly embracing data, but not everyone has the technology and analytic skills to draw insights from oceans of info. Some members are embracing the idea that it’s easier to teach finance to employees with tech expertise than teaching treasury teams high-level computer programming—a concept that drove a number of conversations at a recent…
Justin Jones
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Cash & Working CapitalTalking Shop
June 26, 2024

Talking Shop: Extend Payment Terms to Optimize Working Capital?

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: Improving working capital management remains a high priority for many treasury teams coping with elevated inflation, concerns about recession and the opportunity to earn better returns on cash amid higher interest rates. Just this week, one treasurer asked if peers have “something akin” to a working capital policy. “This may cover things such…
Justin Jones
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Senior ExecutiveTechnology
June 19, 2024

Crafting a Compelling Business Case for Investing in Payments

How one NeuGroup member created the “ultimate road map” to get buy-in for building out a payments factory. Large-scale initiatives, such as the build-out of a payments factory, are major undertakings that require significant investments of both financial and human capital. At the first-half meeting of NeuGroup for Payments Strategy sponsored by HSBC, members explored the keys to building a successful, comprehensive business case to justify the allocation of resources and get buy-in from management. One member, who helped lead the session, walked…
Justin Jones
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Treasury Management
June 12, 2024

Developing Future Finance Leaders: What Top Performers Want

High potentials want more leader input and guidance on intertwining goals and individual development plans.What do high-performers on treasury teams need from senior managers today to develop into tomorrow’s finance leaders? Discussions between members of NeuGroup for High Potentials reveal that many up-and-comers want more formal, documented development plans tied to specific goals, among other wish-list items. And the talent development shortcomings that some cite include inadequate connection of individual goals to a company’s broader strategy and infrequent communication with leadership on…
Justin Jones
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BankingTechnology
June 12, 2024

Why Treasury Needs To Lead the Way in the ISO 20022 Transition

Banks face a deadline to use the new payment messaging standard, presenting challenges and benefits for corporates. The adoption of international financial standards and language for payment messaging under the framework known as ISO 20022 will require corporate treasury teams to step up and proactively lead a transition made difficult in part by differences in how—and how fast—banks are approaching changes involving data-rich payment communications. Banks must transition to ISO 20022 by November 2025. The new format should ultimately produce benefits but…
Justin Jones
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TechnologyTreasury Management
June 5, 2024

Transforming Treasury via Tech Stack Slimming at GE HealthCare

In one year, GE HealthCare achieved a treasury transformation, reducing the tech stack and onboarding a new team. When GE HealthCare was tasked with spinning off from GE, the treasury team saw an opportunity to create a new organization constructed with a “fit-for-purpose” approach that included rebuilding the technology stack with off-the-shelf solutions that accomplish specific tasks—rather than the far-reaching, customized tech tools used pre-spin-off. In 12 months, GE HealthCare implemented nine new technology systems—down from 36 legacy solutions—and won an Adam…
Justin Jones
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Risk ManagementTalking Shop
June 5, 2024

Talking Shop: Spreading Share of Wallet for Interest Rate Swaps

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: Interest rate swaps allow corporates to manage risks stemming from exposure to the fixed and floating rates they pay on debt obligations, including bonds. The price they pay for swaps is a major consideration for companies selecting the banks who become their counterparties in the transaction. In picking counterparties, most treasury teams…
Justin Jones
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Capital MarketsD&I
May 29, 2024

Bonding With Diverse-Owned Firms: Debt Deals and Stock Buybacks

A NeuGroup survey report highlights capital markets transactions where diverse-owned firms are most active. A surge in investment-grade corporate bond deals this year is good news for Wall Street underwriters—including firms whose owners are Black, Hispanic, women and veterans. A new NeuGroup Peer Research report shows that bond underwriting ranks first among the types of capital markets transactions where corporations engage with these diverse-owned firms, with 62% of respondents saying they currently use them in debt deals and another 17% considering it.…
Justin Jones
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FP&ATreasury Management
May 29, 2024

Hard Choices: FP&A’s Role in Cost-Cutting Initiatives

An FP&A team can help drive value through a process aimed at achieving goals for operating margins. Corporate FP&A can play a key role in companies identifying areas to cut costs, in part by tracking reductions in the enterprise’s total cost base. The overarching goal in some cases is to help the corporate meet operating margin targets as it reallocates capital. The topic is particularly relevant now, with many companies seeking to reduce expenses amid higher inflation and interest costs as well…
Justin Jones
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