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Menu

Agenda

8:00am -9:00am

Registration and light breakfast

    9:00am

    Welcome address

    • Emma West

      Managing director,

      EuroFinance & CPI

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      9:05am

      The Voltage Effect: how to make good ideas great and great ideas scale

       “Scale” is probably a term you’ve heard before—a buzzword amongst Silicon Valley entrepreneurs and tech start-up circles. But at its core, “to scale” simply means to achieve a desired outcome when you move from a small group—of customers, students, or citizens—to a much larger one. And it’s not just for start-ups. Scaling ideas underpins all social and technological progress, since, as List says, “the innovations that change the world are those that reach the largest number of people.”

      In his upcoming book The Voltage Effect, List reveals why some ideas take off (or scale) and why others fall flat using a mix of original research and real-world anecdotes from working with companies like Uber, Lyft, and Tinder. His ideas are brought to life in this engaging presentation with actionable, science-backed take-aways for leaders, teams, and organizations looking to take their ideas to the next level.

      • John List

        Distinguished service professor,

        University of Chicago

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        10:00am

        The strategic treasurer: taking a c-suite seat

        The rise of the treasurer to strategic leader has been propelled by the growing importance of treasury functions through the recent periods of market disruption and business change. From the pandemic through to the current rate environment, the role of the treasurer in securing liquidity and managing cash and capital, as well as managing risk, has given prominence to the essential role that treasury plays in underpinning and supporting business activity. As the economic cycle continues to turn into a period of higher growth, the treasurer is a pivotal figure in delivering visibility in cash, liquidity and risk and ensuring that operations are optimally resourced and aligned to support business decision making for growth.  In this session we hear from leading treasurers on the strategic role of treasury and how treasurers are taking a seat with the executive team.

        • Cathy Fields

          Assistant treasurer, sr. director of global risk management,

          Hitachi Digital LLC

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        • Zac Nesper

          Former treasurer and CFO of strategy and incubation,

          HP Inc.

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        Moderated by:
        • Robert Novaria

          Senior EuroFinance tutor and partner,

          Treasury Alliance Group

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        10:40am

        Networking break

          11:20am

          Managing ongoing inflation, interest rate risks and counterparty risk

          Whilst some analysts predict that inflation will come under control by 2024 and begin to fall, as higher interest rates slow spending and growth, global risks and economic headwinds may yet prevail and stoke inflation in the near term. Against this economic backdrop, treasures have developed strategies to mitigate and hedge against inflation risk. Strategies include asset diversification, and the use of derivatives, including futures contracts and options, to hedge the direction of inflation, as well as forward contracts to lock in FX and commodity prices. Increased counterparty risk and the risk of default are also currently elevated for treasury. In this session treasurers discuss their strategies for managing ongoing inflation and counterparty risks, and the tools, techniques and technologies they deploy to monitor and mitigate risk.

          • Robert Lau

            Treasurer and head of real estate and workplace,

            Informatica

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          • Regina Ochev

            SVP, treasury,

            Prologis

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          Moderated by:
          • Daniel Blumen

            Partner,

            Treasury Alliance Group LLC

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          12:00pm

          Roundtables

          Delegate group discussions on sharing experiences and challenges of treasury operations. Choose from:
          1. Cash forecasting
          2. Payments evolution
          3. Diversity and inclusion
          4. FX risk, hedging and automation
          5. APIs and ERP/TMS connectivity
          6. AI applications in treasury
          7. Working capital solutions
          • Jori McCuskey

            Director, treasury,

            Magnite

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          • Karina Inga-Kamienski

            Senior director, capital markets,

            Gilead Sciences

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          • Alan Koenigsberg

            SVP, global head LMM, industry verticals and working capital solutions,

            Visa

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          • Laura Nova

            Assistant vice president, treasury,

            Air Lease Corporation

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          • Bruce Edlund

            Group director, assistant treasurer,

            Cloud Software Group

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          • Usha Desai

            Senior treasury analyst,

            Palo Alto Networks

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          • Matthew Martin

            Senior treasury manager,

            Shopify

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            1:00pm

            Lunch

              2:00pm

              Working capital efficiencies: success strategies

              In the new world of rising rates and business disruptions, treasurers have developed a laser-like focus on optimizing working capital to reduce borrowing. A core activity has been to mobilize assets on the balance sheet, to support liquidity for the business. Factoring and reverse factoring, inventory management and leasing are key areas that treasurers have activated to inject liquidity without borrowing. Shortening the cash conversion cycle and DSO ratios to convert inventory into cash to invest in the business is also a key priority to bridge the gap between cash inflows and outflows. Best practice in working capital management in companies with cash surplus and credit is equally essential. In this session, treasurers discuss their working capital strategies in current market climates and share their strategies and techniques for success.

              Moderated by:
              • Daniel Blumen

                Partner,

                Treasury Alliance Group LLC

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              2:00pm -5:20pm

              Conference breaks into tracks

              Delegates can choose between two different tracks. Please see the track tabs at the top of this page.

                2:00pm

                Think big: revolutionize global payments and receivables

                In this panel discussion, treasury managers will focus on transactional FX with an emphasis on automation, visibility, and cost savings in global business. First, in global payments, treasury managers highlight the challenges when initiating cross border transactions and outline strategies to leverage payment solutions to consolidate FX trading activity. Here we explore how setting FX thresholds can create a balanced approach between price discovery and a streamlined payment process, especially with respect to emerging markets. Next, we take a closer look at managing cross-border receivables, which is often an uncertain and opaque exercise. Treasury managers seek to eliminate manual trade execution and streamline fund movement with the aim of optimizing and automating inbound payment flows with expedited settlement. Taken together these case studies add up to a revolution in global payments and receivables.

                • Brian Halbur

                  Treasury manager, FX,

                  Expedia Group

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                • Charlie Tyler

                  Finance and treasury manager,

                  Adobe

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                • Ken De Braganca

                  MD, global transactional foreign exchange,

                  Bank of America

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                  2:40pm

                  Managing Working Capital: Instituting strategic initiatives that create sustainable value

                  Working capital management is a dynamic process requiring the full understanding of a company’s financial landscape, it’s unique operating requirements as well as current and forecasted market conditions. By using, among other things, robust analytical techniques companies can adopt tailor-made approaches to working capital management, thereby ensuring healthy cash flows, supply chain liquidity, while mitigating financial risks and positioning the company for sustainable growth. Whether taking a conservative, moderate or aggressive approach, the keys to success are obtaining buy-in across the company, then implementing the strategy while striving to strike the right balance between liquidity, efficiency and profitability all the while remaining attuned to changing market conditions and ready to adjust the strategy as needed.

                  Moderated by:
                  • Robert Novaria

                    Senior EuroFinance tutor and partner,

                    Treasury Alliance Group

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                  2:40pm

                  Harnessing technology innovation: treasury leaders share success stories

                  AI, BI, RPA, and other advanced technologies enable treasury and hedging teams to perform innovative analytics, improve accuracy, and streamline workflows in unprecedented ways. Our panel of senior global treasury practitioners share their experiences and challenges adopting and advancing new technologies within the treasury function. Whether it’s automating exposure data gathering, flagging inconsistencies, or reaching a faster close, learn how corporate treasury is leveraging next-generation tools to enable high-value strategic activities. Delegates will hear how to navigate the path of treasury transformation with a focus on incorporating cutting-edge technology into existing operations and workflows. Treasurers also reveal their approaches to leveraging dynamic, actionable, forward-looking data to enable better, faster decisions and streamlined operations.

                  • Amol Dhargalkar

                    Managing partner, chairman,

                    Chatham Financial

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                  • Chris Blow

                    Director of treasury,

                    Twilio

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                  • Nikhil Handa

                    Manager, treasury,

                    Netflix

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                    3:20pm -

                    Networking break

                      3:20pm

                      Networking break

                        4:00pm

                        Situation vacant: hiring, building treasury teams and D&I

                        Whilst tech layoffs have dominated headlines, the hiring pages are still full of demand for treasury talent, given the unique and special blend of financial and technical skills and experience required for the ever evolving roles in treasury teams. Treasury increasingly absorbs a deep and diverse talent pool, where colleagues of different disciplines, from financial reporting, accounting and data analysis, are all in demand in teams. Remote working has widened the geographical spread of colleagues, where cloud and collaborative technologies bring teams together. Yet hybrid working structures also bring challenges in hiring, onboarding and training new treasury talent. Diversity and inclusion initiatives too, have enriched treasury teams with new talent. In this session treasurers ask what they look for in treasury teams today and the challenges and opportunities in nurturing talent. 

                         

                        • Lee-Ann Perkins

                          Assistant treasurer,

                          Ankura

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                        • Summa Simmons

                          Associate vice president, treasury,

                          Victoria’s Secret & Co.

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                        • Karina Inga-Kamienski

                          Senior director, capital markets,

                          Gilead Sciences

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                        Moderated by:
                        • Debbie Kaya

                          Senior director of treasury,

                          Cisco Systems, Inc.

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                        4:00pm

                        Role of currency hedging and FX automation

                        Treasurers with foreign currency revenues are reviewing their foreign exchange operations and strategies as the US dollar strengthens and volatility pervades local currency markets. Two key areas for review are hedging strategies and FX automation tools. FX automation eliminates the need to manually process FX transactions reducing errors, whilst securing the best exchange rates through access to liquidity providers, as well as helping treasury improve compliance with foreign exchange regulations. Freeing up treasury time to focus on other FX activities, including hedging strategies for currency pairs, and forward and options contracts for volatile currencies. Yet both hedging and automation are costly projects and need to be weighed carefully. Here we track down treasurers who have tackled FX hedging and automation and won.

                        • Alice Xu

                          VP corporate treasurer,

                          Workday

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                        • Priti Kartik

                          VP, treasurer,

                          CrowdStrike

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                        Moderated by:
                        • Robert Novaria

                          Senior EuroFinance tutor and partner,

                          Treasury Alliance Group

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                        4:40pm

                        Liquidity management: stepping up controls

                        With elevated rates and credit tightening in financial markets, treasurers are underpinning corporate liquidity buffers to ensure sufficient working capital to meet short-term financial obligations. Hand in hand with cash and capital management, greater controls over managing credit, hedging exchange rates in currency markets, asset diversification and longer term liquidity planning are all firmly on the treasury agenda and in daily workflow.  In this session treasurers exchange best practices on identifying sources of liquidity and mobilizing cash for use in the business, and the tools and technologies they use to mitigate liquidity risk.

                        • Arun Batra

                          VP, treasurer,

                          Bloom Energy

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                        • Sonia Shah

                          Head of treasury,

                          Juniper Networks

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                        • Laura Nova

                          Assistant vice president, treasury,

                          Air Lease Corporation

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                        Moderated by:
                        • Robert Novaria

                          Senior EuroFinance tutor and partner,

                          Treasury Alliance Group

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                        4:40pm

                        Workflow management optimisation in treasury operations

                        A recurring theme amongst treasurers, and business more generally is the optimisation of workflow processes in organisational structures where team members are often remote, or in regional locations, in either centralised or decentralised operations. Whilst cloud based applications and workflow management tools have provided much of the collaborative tools needed in such scenarios, there is also at a functional level, the need to design workflow processes together with all of the approval protocols and compliance requirements across treasury business. The optimisation and automation of such processes is different in each case and treasurers are keen to share models and best practices to improve operational efficiency. In this session we will map out some of the ways in which treasurers have achieved optimal workflow management, in collaboration with colleagues and stakeholders,  and continue to improve treasury processes.

                        • Tim Muindi

                          VP, treasurer,

                          ServiceNow

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                        • David Steffa

                          Director of treasury,

                          Snowflake

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                        • Elizabeth Kwong

                          VP treasurer,

                          Autodesk

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                        Moderated by:
                        • Daniel Blumen

                          Partner,

                          Treasury Alliance Group LLC

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                        5:20pm

                        Summary

                          8:00am -9:00am

                          Registration and light breakfast

                            9:00am

                            Welcome address

                            • Daniel Blumen

                              Partner,

                              Treasury Alliance Group LLC

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                            • Robert Novaria

                              Senior EuroFinance tutor and partner,

                              Treasury Alliance Group

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                              9:10am

                              Tech futures

                              Imagine a world where treasury is controlled by AI driven robots and all transactions are executed in digital currencies through a virtual business metaverse. That might have seemed like science fiction a couple of years back, but that scenario and the tech that enables such a world, is now upon us. Tech is accelerating all around us at a breathtaking pace in every imaginable area of life and business, and AI is now driving that profound change. As revolutionary as the wheel, AI together with blockchain distributed ledger technologies that today manage digital financial transactions, IoT that control devices, tokenization that digitises assets, and the metaverse that layers digital interfaces over reality, will together combine to profoundly change business, markets and modern life as we know it. These technologies promise greater efficiencies, higher productivity, rapid innovation and growth and new and helpful products for consumers. The dystopian scenario of AI is also very much front of mind for regulators and tech creators, who fear ultimate enfeeblement by technologies that will come to dominate humanity. In this session, we listen to visionary narratives of tech futures and the role we will play in the creation of this new world.

                               

                              • Radhika Dirks

                                CEO and co-founder,

                                XLabs and RIBO

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                                10:00am

                                Precision in cash prediction: finding the formulae

                                Treasurers are prioritising cash forecasting to analyse and predict cash positions in rapidly changing markets. With all the latest tools at the treasurers disposal, including AI and machine learning, predictive analytics and data lakes, as well as APIs, bespoke TMS modules, and finely tuned spreadsheets, the art and science of cash forecasting is well stocked. Yet market uncertainty, rising rates and inflation, pricing movements and supply issues have made the forecasters task a formidable challenge, where the margin of error can widen without vigilance on risk and visibility on cash positions across the business. Here we discuss the latest methods, tools and techniques in precision in cash forecast prediction from treasurers who fine tune the formulae daily.

                                • Andrea Noseda

                                  Global treasurer,

                                  HP Inc.

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                                • Bruce Edlund

                                  Group director, assistant treasurer,

                                  Cloud Software Group

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                                • Jim Scurlock

                                  Senior director and assistant treasurer,

                                  Expedia Group

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                                Moderated by:
                                • Robert Novaria

                                  Senior EuroFinance tutor and partner,

                                  Treasury Alliance Group

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                                10:40am

                                Networking break

                                  11:20am

                                  The journey: treasury transformation through process optimization

                                  The treasury transformation journey begins in many ways, whether driven by corporate events such as mergers, acquisitions or spin-offs, enterprise level infrastructure upgrades, or a desire to be innovative and best-in-class. The journey often is multi-year, with no “one size fit all” approach. The journey is the opportunity to evolve the treasury function to adapt to changing business environments, apply technological advancements, digitize processes, fortify risk management, and upskill talent, yet the journey is unique to each company. In this session, the panel will delve into 3 key elements in treasury transformation. Firstly, the treasury operating model, uncovering best practices to optimize workflow and maximize organizational agility. Secondly, cash forecasting & liquidity management strategies to enhance accuracy and efficiency, from predicting movements to automating velocity of cash, with help of data. And thirdly, digitization and latest tools and technologies to streamline overall treasury operations, as well as order to cash and procure to pay processes. The panel will dissect the intricacies of banking structures in today’s heightened risk-focused world, reviewing approaches to optimize counterparty relationships and drive sustainable growth. Treasurers will learn from fellow practitioners on laying the foundation for a “future-ready” treasury, that can help them navigate market uncertainties while simultaneously capturing emerging opportunities. We will also hear where treasurers are planning to go next on their transformation journeys.

                                  • Vidhi Jain

                                    Global treasurer,

                                    Qualtrics

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                                  • Jim Scurlock

                                    Senior director and assistant treasurer,

                                    Expedia Group

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                                  • Ellie Nissly

                                    Executive director, co-head of marketplaces and digital ecosystems,

                                    J.P. Morgan

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                                    11:20am

                                    Capital raising in bonds and loans markets, including sustainable financing

                                    With interest rates at elevated levels and far exceeding historic lows, borrowing in bank markets and corporate bond issuance in capital markets is not high on the corporate agenda. Yet refinancing levels are necessary for many with revolvers and for investment grade companies, corporate paper issuance is an option for funding. For sub investment grade, there has been an uptick in the convertible bond markets. In loan markets, treasurers are weighing up risk in the floating rate loan market, with the possibility that interest rates will fall over the medium term, rather than lock into fixed rates. In this session, treasurers discuss funding conditions and strategies, including sustainability backed loans and bonds, as rates markets play out into 2025.

                                    • Lavender Murray

                                      Manager, corporate finance,

                                      TC Energy

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                                    • Stuart Jones

                                      Senior director, treasury,

                                      McAfee

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                                    • Rajat Prakash

                                      Vice president, treasury and investor relations,

                                      Talen Energy 

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                                    Moderated by:
                                    • Daniel Blumen

                                      Partner,

                                      Treasury Alliance Group LLC

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                                    11:20am -12:40pm

                                    Conference breaks into tracks

                                    Delegates can choose between two different tracks. Please see the track tabs at the top of this page.

                                      12:00pm

                                      Working Capital: the acceleration of cash and liquidity

                                      For growth companies that have private equity or venture capital funding, the past year has seen a decline in investment, with series funding rounds being held off, as private equity scales back leverage. With private equity more cautious about investment, growth, expansion, and treasury development, is at a decelerated pace. Treasurers in search of liquidity may need to look to leveraging assets on the balance sheet, or private placements or bank markets. Yet as rates stabilise, and PE investment will return, with the prospect of further funding rounds and IPOs. In this session treasurers and PE/VC investors look at the unique challenges and opportunities of growing and funding treasury operations in private equity backed growth companies.

                                      • Catherine Portman

                                        VP treasurer,

                                        Palo Alto Networks

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                                      • Stefan Jensen

                                        VP, treasurer Americas,

                                        Sephora

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                                      • Eugene Spevakov

                                        Treasurer and head of corp. FP&A,

                                        6Sense

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                                      • Lamar Berry

                                        Head of B2B channel sales,

                                        Visa

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                                      • Dan Fletcher

                                        CFO,

                                        Planful 

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                                        12:00pm

                                        Money markets and investments

                                        The high degree of liquidity and security offered by US money market funds make investing in  short-term debt securities a core cash management strategy for treasurers, and with rates rising in Treasury bills and commercial paper markets, money market funds currently offer elevated yields on historic levels. Yet the funds are not without risk and values can fall in line with the performance of underlying assets. In this session treasurers discuss their cash investment strategies with a particular focus on money market funds for liquidity, how they manage the process with external fund managers and and the outlook for the market into 2025.

                                        • Vidhi Jain

                                          Global treasurer,

                                          Qualtrics

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                                        • Andrew Smith

                                          Manager, treasury operations,

                                          Juniper Networks Inc.

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                                        Moderated by:
                                        • Daniel Blumen

                                          Partner,

                                          Treasury Alliance Group LLC

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                                        1:00pm

                                        Lunch

                                          1:40pm

                                          Achieving treasury stability amid uncertainty

                                          Amid current market risks and uncertainties, from elevated rates, inflationary pressures,  political change, counterparty risks, foreign exchange volatility, and more, the need for stability in treasury operations has never been greater. Yet achieving stability involves the design of robust, intelligent treasury systems that can analyse market data and mitigate risks in real time, through efficient liquidity strategies, cash management and investing, to dynamic hedging in foreign exchange. In this session, banking partners discuss the key facets in enabling stability in treasury, in both regional US context and for wider international treasury operations, whilst ensuring flexibility for gear shifts as markets evolve.

                                          • Michael Aragona

                                            MD, head of cash product,

                                            Mizuho Americas

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                                          • Priyanka Rath

                                            MD, Head of global liquidity and account solutions specialists,

                                            J.P. Morgan

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                                          • Kevin Heins

                                            MD, head of strategy, advisory and client solutions, global payment solutions,

                                            Bank of America

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                                          Moderated by:
                                          • Robert Novaria

                                            Senior EuroFinance tutor and partner,

                                            Treasury Alliance Group

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                                          2:20pm

                                          Tech tune up: TMS/ERP upgrades and APIs

                                          Treasurers often discuss the challenges they face in dealing with multiple ERP systems in legacy businesses, with different treasury functions assigned to different and often non- interoperable ERP servers. The technological tangle, treasurers say, means that short of starting again from scratch, which is often not an option due to embedded processes or budget constraints, the way forward is to introduce APIs and cloud based ERP/TMS applications. APIs enable treasury software applications to integrate and automate tasks, and cloud enables their remote operation, reducing risks and achieving greater visibility into treasury operations. In this session, treasurer’s who have recently managed cloud ERP/TMS and API upgrades, discuss their projects, the processes they automated and the benefits to the treasury and the business.

                                          • Deepa Palamuttam

                                            Senior director, finance technology,

                                            PayPal

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                                          • Anshul Patni

                                            Senior director, head of treasury,

                                            Instacart

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                                          • Chris Ingoldsby

                                            VP, treasurer,

                                            National Veterinary Associates, Inc.

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                                          Moderated by:
                                          • Daniel Blumen

                                            Partner,

                                            Treasury Alliance Group LLC

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                                          3:00pm

                                          Networking break

                                            3:30pm

                                            Practical AI in treasury: next level applications

                                            AI is having quite the year, springing out of the labs of big tech to desktop chat and search applications for the rest of us. Not entirely new to treasury, with RPA and machine learning an embedded feature of forecasting and AP modules, predictive cash analytics and data analysis and reporting, early AI applications have been tested by some pioneering treasurers and fintech innovators. In the realm of risk, AI is being used to identify and mitigate risks, such as fraud, market volatility, and liquidity risk. Yet new generative AI is a next level iteration and promises more – what that ‘more’ is for treasurers to work out, and find practical applications for AI in treasury functions. In this panel, treasurers who are keen to get AI working for the treasury in meaningful and productive ways discuss the possibilities, and the risks.

                                            • Matthew Martin

                                              Senior treasury manager,

                                              Shopify

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                                            • Kathy Brustad

                                              Director, global treasury and financial services,

                                              Microsoft

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                                            Moderated by:
                                            • Robert Novaria

                                              Senior EuroFinance tutor and partner,

                                              Treasury Alliance Group

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                                            • Daniel Blumen

                                              Partner,

                                              Treasury Alliance Group LLC

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                                            4:10pm

                                            Roundtables

                                            Delegate group discussions on sharing experiences and challenges of treasury operations.

                                              4:40pm

                                              Conference close