| No. 1, 2015 |
Cash ManagementIn-house Banks: A Smart Way to Create EfficienciesGlobalization has led some corporates to review their structures and key performance indicators and implement new structures that enable them to manage a host of disciplines, including funding, risk management, investment, liquidity management, payments and collections, and management information systems. In short, they set up what's known as an "in-house bank." [more] Global Liquidity ManagementPOBO and COBO: Path to a Single-Account Structure?Someday — still years from now — companies conceivably could boil down banking structures that encompass thousands of accounts at hundreds of banks, involving a wide range of currencies, into just one account. It would be sort of a cash management nirvana: complete control over global liquidity. But how do you achieve that ideal? Payments-on-behalf-of (POBO) and collections-on-behalf-of (COBO) structures could provide a path. With recent advances, they have become a much more achievable treasury goal. [more] Financial MessagingSWIFT Tool via Autobahn App Marketto Streamline Client Onboarding Financial messages invariably include country and payment-type requirements. Analyzing and reviewing these requirements can be both labor-intensive and time-consuming. Through Deutsche Bank's Autobahn App Market, clients can now directly access a SWIFT tool that significantly streamlines and simplifies the process of receiving structured and consistent documentation around such messages. [more] |
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