This workshop provides practical examples of the practices used by multinationals to meet challenges. There is a particular focus on treasury’s activities impact on the wider finance and other business functions.

In a rapidly changing economic environment, treasury is both central and critical to many of the key tasks facing a CFO. These include, but are not limited to, ensuring the solvency of the company, safeguarding assets and controlling and managing risk. Risks today come in many forms, driven by the volatility of exchange rates, fluctuating bank appetite for credit risk and more recently interest rate volatility. Political and country risk is also firmly back on the agenda. Coupled with significant internal changes around shared service adoption, working capital management and automation possibilities there is an important challenge in deciding where to focus and invest for the optimum return.

By the end of the course, participants will be able to understand:

• The evolving role of treasury and whether there is an absolute “best practice” in treasury?
• What are the proven and available treasury organisation structures and treasury techniques
• How to manage corporate liquidity; solvency and controlling investment risk
• The role of supply chain financing and working capital management
• The various treasury approaches for shared service centres and payment factories
• Global payment infrastructure and treasury technology
• How cyber-risk and cyber-security are crucial to treasury and the wider business
• What to expect in the future

Who should attend?

This course is ideal for CFOs and/or Financial Controllers new to treasury management or as a refresher to update your current knowledge and set the agenda for the coming year and beyond.

This course will look at the main types of FX risk and how to design a FX risk management policy and operating environment suitable to your company’s specific needs. The contextual aspects of FX risk such as risk appetite, tax, accounting, reporting and more are covered as well as the use of advanced treasury centre vehicles, Treasury Management Systems and other forms of automation.

A group discussion and a first-of-its-kind peer-group session are used to illustrate how FX risk management can be improved in practice.

Learning objectives

By the end of the course, participants will:

• Understand the dynamics and drivers of different categories of FX risk in different industries, including economic and accounting risk, and how this shapes the ways companies improve their hedging and risk management.
• Have knowledge of different levels of sophistication in managing FX risk and the pros and cons of each option
• Learn about best-of-breed FX risk management for different categories and industries and understand the associated requirements
• Learn how to make the most of a Treasury Management System and other systems, processes in managing FX risk and streamline workflows
• Be able to critically assess, review and propose changes to a corporate’s FX risk management policy
• Have worked with the other attendees to investigate and solve real-world challenges
  
  Key benefits
• Deepen your understanding of FX risk management which is growing in importance as well as complexity.
• Learn about the considerations to be addressed to put theory into practice and to manage it on an on-going basis.
• Come back to your company with ideas on how to improve its FX risk management

Who should attend?

• Treasury professionals who work on managing FX risk in an international corporate in a managerial role, as a dealer or in a control function.
• Finance directors and financial controllers in an international corporate organisation with significant FX exposure who wish to better understand the context and background of foreign exchange
• Financial institutions, treasury management system providers and other suppliers who want to understand their clients’ perspective.