BankingTalking ShopTechnology
October 21, 2021

Talking Shop: Using APIs or Host-to-Host for Bank Connectivity

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: “Does anyone use host-to-host or API for bank connectivity? We are exploring those solutions and would be great to have your input.”Peer answer 1: “We use APIs for bank connectivity, from giving payment instruction to monitoring payment status to getting real-time balance and transaction details.”Peer answer 2: “We do not…
FXTalking Shop
October 18, 2021

Talking Shop: Who Outside Treasury Reviews Hedging Strategy?

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: “Do other companies review their FX hedge strategy with functions/leadership outside of treasury? “We review FX impact results (underlying + hedge) monthly with the CFO, but we don’t discuss our hedge strategy, which has raised questions on governance.“If you do review your hedge strategy (hedge ratios, currencies, execution approach, instrument…
Investment ManagementTalking Shop
October 7, 2021

Talking Shop: Cash Needs in Israel, Cash Investments in China

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: “A global banking partner is discontinuing physical cash services in Israel, where our cash needs typically exceed ATM levels. “Does anyone have experience obtaining USD and ILS (Israeli new shekel) in country without opening a local bank account?” Peer answer: “Our global bank partner can offer USD and ILS accounts…
Capital MarketsTalking Shop
September 30, 2021

Talking Shop: How Long Is Your 10b5-1 Buyback Cooling-Off Period?

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 stringent guidelines for establishing 10b5-1 plans: A cooling-off period of 30 days between executing a 10b5-1 plan and the first trade under the plan. “The program should generally be no shorter than six months in duration and must not be ‘front-loaded’ (i.e., relatively even purchases over five months).“We’re…
BankingTalking Shop
September 16, 2021

Talking Shop: Selecting Signatories on Global Bank Accounts

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: “The signatories on your global bank accounts are most accurately reflected by which of the following choices?” Treasury staff only.Treasury staff plus non-treasury staff in the region of the account.Non-treasury staff who are in the region of the account. Peer responses: Peer answer 1: “We have split the global treasury…
FXRisk ManagementTalking Shop
September 9, 2021

Talking Shop: Measuring Counterparty Exposure on Outstanding Trades

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: “For companies that trade derivatives on a non-collateralized basis, how do you measure your exposure to counterparties on outstanding trades (e.g., impact from one standard deviation movement?) and how is this factored into your overall counterparty risk assessment? “We are currently looking to move away from collateral postings on our…
FXTalking Shop
August 19, 2021

Talking Shop: Approval Level For Executing Hedging Contracts

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: “I know we talked about this at some point this year, but I wanted to see if you all would help me benchmark. What level of approval/review/sign-off is required prior to executing your hedging contracts?” Peer answer 1: “Our treasurer signs off on each monthly tranche of cash flow hedges…
FXTalking Shop
August 12, 2021

Talking Shop: Digging Into Dual-Purpose Hedges and De-designation

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: “Does anyone have dual-purpose hedges (for example, the hedge is originally a cash flow (CF) hedge and then intentionally de-designated to become a balance sheet hedge, with impact after de-designation going to the P&L)?”Peer answer 1: “Yes, we’ve recently switched to a long haul approach and are now de-designating our…
Talking Shop
August 5, 2021

Talking Shop: Debating Soft Tokens for Online Banking Access

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: “Do you allow soft/mobile tokens for online banking access instead of physical tokens? If so, do you limit it to personnel with company-issued cell phones? “Did your IT team have any concerns with allowing soft/mobile tokens?” Peer answer 1: “We currently only issue physical tokens, but we are having the…
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…