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I thought I'd post again this article after the recent outage...
Large corporations are today cash rich and their treasurers are accountable for utilizing at best those assets. Preservation of capital rather than pure yield gauges the success of corporate treasurers’ decisions.
These objectives and constraints are not so dissimilar from what wealth managers experience when servicing at best their clients. I anticipate that practices and solutions utilized by successful wealth management providers form an excellent baseline for corporate treasurers who can righteously be defined as the managers of their company’s wealth.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Hassan Zebdeh Financial Crime Advisor at Eastnets
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