The powerhouse internal liquidity tool (Case study)

With the priority to use internal resources rather than external funding, many companies are expanding the remit of the inhouse bank or putting one into place. The inhouse bank simplifies payments flows and helps liquidity. When you link it to Swift, and make the transition to XML, you have a powerhouse solution letting your inhouse bank push and pull cash when you choose. This session will look at how to structure the bank accounts, linking the inhouse banks to the pools and using some of the more modern initiatives to drive the inhouse banking concept forward.

Gary Throup: Vice President Treasury Control and Operations, Philips, Netherlands

Lunch

Sponsored by Lloyds Bank Corporate Markets

Richard Dallas: Transactional Banking Director, Lloyds Bank Corporate Markets

Concentrating the cash: Time for a change (Case study)

Notional pooling has been a popular tool for getting the benefits of cash concentration – notably pick up in yield – without the physical shifting of funds. More recent developments include the ability to be multicurrency cross-border although it is a complex process to put into place. But if you have notional pools what would make a company choose to change to zero balance account structures? This case study will look at why this company is changing its cash concentration and how it is managing the change internally. What are the impacts on liquidity policies and process?

Giacomo Orlandi: Chief Financial Officer, Ilapak, Switzerland

Who’s going to put your cash to work for you? (Case study)

Companies are having to accept limited investment performance in the current environment. Although a financial crisis usually brings about new innovations, there is perhaps a more limited appetite for using complex solutions to gain a bit of yield on corporate cash. So what does this mean in the world of asset management? Money market funds? Maybe the answer lies in updating your investment policy and approach to make better use of what is already there. This case study will look at an example of an approach that has a slightly different perspective on short term cash.

David Stebbings: Director, Head of Treasury Advisory, PwC, UK

Refreshment break

Restructuring while keeping the wheels of liquidity rolling (Case study)

When the Fiat Group made the landmark decision to demerge its automotive business from its farm machinery, construction equipment and truck businesses, the company -working to a tight deadline - needed to manage the critical process of setting up a separate worldwide treasury organisation and cash management structure. This session will look at how the company was able to separate the businesses while ensuring business continuity, maximising efficiency and keeping liquidity optimal.

Mario Bruni: Senior Vice President - Treasury Operations, Fiat Industrial, Italy

Liquidity: the right amount, right place, right time story (Case study)

Maersk, anticipating that the period following the financial crisis would be challenging, set a number of new priorities to focus on reducing costs, improving the competitiveness of the business and strengthening the group’s financial position. Goals included centralisation of cash, reduction of idle and trapped cash and improved efficiency of liquidity management in order to repay external debt. This is their story of how they have achieved predictability, visibility, accessibility and enhanced data quality.

Julia Persson: Deputy Head of Corporate Treasury, Maersk, Denmark

Adjourn to Day 3