FXTechnologyThe NeuGroup Insights Interview
September 12, 2023

One Man’s Goal: Leveling the Playing Field for FX Trades

Just Technologies CEO Anders Bakke wants to give corporates pricing data that lets them negotiate better with banks. In the newest episode of NeuGroup’s Strategic Finance Lab podcast, NeuGroup founder and CEO Joseph Neu talks with a man on a mission to bring more pricing transparency to corporate treasury teams that trade in the foreign exchange market. His name is Anders Nicolai Bakke, a serial entrepreneur who is the CEO and founder of Just Technologies, or Just for short. The…
September 7, 2023

Crypto Leads the Way in Corporates’ Blockchain Use Cases

A NeuGroup survey reveals trends among corporates embracing blockchain tech—and reasons others are holding back. Members of NeuGroup for Digital Assets are among the groundbreakers for corporate use of digital currencies, blazing trails at companies including mega-cap corporates, by developing use cases for enterprise-wide projects involving a blockchain. NeuGroup’s newest survey, Digital Assets: Current and Future Use Cases, clearly shows rising interest in this area—as well as a growing urgency among treasuries to learn more. The survey revealed that nearly half of respondents have…
FXTalking ShopTechnology
September 7, 2023

Talking Shop: FX Dashboards Made With Tableau or Power BI

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: FX dashboards are an extremely useful tool for treasury teams managing currency risk and shaping the narrative delivered to C-Suite executives about treasury’s ability to hedge the impact of FX rate swings. Well-designed dashboards—some using real-time data—allow risk managers to monitor exposures and dynamically illustrate cash flow, balance sheet and other important areas affected by FX…
Capital MarketsRisk ManagementTechnology
August 23, 2023

Focal Points: Tech and Risk Among Treasurers’ Top 10 Priorities

NeuGroup meetings in 2023 H1 offered unique insights into critical concerns for treasury teams in the months ahead. Hundreds of members of NeuGroup’s treasury peer groups met during the first half of the year to discuss a multitude of critical topics they face and share their main priorities for 2023. While the groups vary in company size, member titles and geography, 10 themes dominated the conversations in NeuGroup’s singular projects and priorities sessions. Here’s what’s top of mind: 1. Modernizing…
Risk ManagementTechnology
August 3, 2023

Generative AI’s Promise and Peril Weighed by ERM, Internal Audit

Analyzing interviews, drafting reports and auditing expense reports are among AI use cases for auditors and risk managers. At recent peer group meetings of NeuGroup for Enterprise Risk Management and NeuGroup for Internal Audit Executives, members interested in harnessing the power of generative artificial intelligence tools discussed use cases as well as potential data security risks posed by AI. Several member companies have contracted with OpenAI—creator of ChatGPT—or Microsoft to set up in-house, large language models (LLMs) while others are considering the move.Extra…
CryptoTechnologyThe NeuGroup Insights Interview
July 19, 2023

Airbnb Treasurer Brian Moore’s Healthy Skepticism About Crypto

A Strategic Finance Lab podcast on hedging, crypto risk, using revolving credit facilities and keeping duration short. Healthy skepticism and sharp critical thinking are governing principles for Airbnb treasurer Brian Moore. In this episode of NeuGroup’s Strategic Finance Lab Podcast, available on Apple or Spotify, he explains how a critical—but not negative—approach provided the framework for deciding whether Airbnb should start accepting cryptocurrency from guests who use its booking platform. The decision, for now, not to accept crypto like bitcoin…
BankingCapital MarketsTechnology
June 22, 2023

Best of NeuGroup Insights, First Half of 2023

Technology, the banking crisis and uncertainty about interest rates created challenges and opportunities for treasury, FP&A and other finance teams, reflected in these top-10 posts, which include a podcast and a video. Telling topics. The 10 most popular posts from NeuGroup Insights from the first half of 2023 provide a clear window into how finance teams throughout the Office of the CFO—such as treasury and FP&A—have stepped up this year and managed new, complex risks posed by the banking crisis…
Investment ManagementTechnology
May 25, 2023

Plugging Into ChatGPT To Improve Qualitative Investment Analysis

A portfolio manager at a forward-thinking tech company seeks an edge by tapping the power of generative AI. Turning the power of generative artificial intelligence (AI) into a competitive edge by using tools including ChatGPT is a top priority of one member of NeuGroup for Cash Investment. He has begun using the technology’s ability to analyze massive amounts of text using natural language processing, with the goal of improving qualitative investment analysis. That sets his company apart: While many finance orgs…
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.…
Cash & Working CapitalTechnology
May 11, 2023

Driving Payments Innovation: Treasury’s Collaborative Approach

How one member’s forward-thinking team within treasury fuels payments innovation and business success. Finance organizations reaching their full potential can play a critical role as companies explore new products, services and business models. That’s happening at one NeuGroup member company where a dedicated treasury team partners with products and payments groups to lead innovative banking and payments infrastructure initiatives that better support business requirements. At the inaugural session of the NeuGroup for Payment Strategy working group, representatives from sponsor Citi co-presented with…