No-one wants to re-live every moment of a conference (especially not the after party). So, here is TMI’s take on the top themes coming out of this year’s EuroFinance International Cash Management conference, held in Geneva from 26-28 September, without the blow-by-blow account.
Reflecting on an insightful few days in Geneva, it’s clear how much has changed in the industry; and yet how little has moved on for treasurers at a fundamental level – especially when I think back to my first EuroFinance International experience ten years ago.
Of course, the operating environment is very different from a decade ago – talk of the financial crisis has been replaced by frustrations over Brexit negotiations getting nowhere fast. Crisis-driven regulation and the push towards financial transparency has also led to a variety of challenges and opportunities for the treasury community, including the rise of one of the hot topics at this year’s conference: open banking.
Elsewhere, the technology treasurers have available to them has moved on enormously – becoming far more targeted, accessible, intelligent, and, frankly, much better suited to the job in hand. Banks too have evolved. As we will explore later in this article, they are embracing their advisory role with gusto, helping treasurers to become more strategic, and collaborating readily with fintechs, corporates, and even each other.