Training Day by Treasury 360° 2024

Session contents

Learn how to structure a group-wide cash flow forecast and avoid typical pitfalls

Identify the key components of FX exposure to ensure correct and complete quantification

Get acquainted with the necessary market data and Excel formulas to calculate volatilities and correlations and build your own “at-risk”-prototype

Learning outcomes

Participants will develop or improve their understanding of a “best-practice-setup” for a group-wide, cash-focused, direct cash flow forecast

Participants will get familiar with the components of and the key concepts/language/KPIs involved in FX exposure & risk management

Participants will better understand the “ingredients” (i.e. returns, volatilities, correlation effects, distributions) of any risk quantification exercise and know how to interpret the results

Participants will be better equipped to select and implement suitable solutions for cash flow forecasting and FX management

Tutors

Martin Fikar is Head of Professional Services DACH and Managing Director, with Nomentia.
Alex Fleischmann is Market Development Executive, Nomentia.

Learning Objectives

To provide the participants with a solid understanding of the financial risk management role within the treasury function and how to build a coherent risk management framework. Discuss the different objectives of financial risk management in relation to the corporate strategy and financial objectives. Focus on the practical application examining foreign exchange risk management and hedging techniques.

Outline

Introduction and learning objectives

Financial Risk Management – difference between exposure, risk and result
▪ Introduction and overview of the financial risk management framework
▪ Classification, identification and quantification of financial risks
▪ Objectives for risk management approach in relation to shareholder value ▪ Concept of risk bearing capacity and risk appetite

Break (15 mins)

Measuring financial risks – what gets measured, gets managed
▪ Risk measurement & quantification techniques
▪ Scenario analysis
▪ at-Risk methodology

Deep dive into FX Risk Management
▪ Definition of foreign exchange risk ▪ FX transaction risk
▪ FX translation risk
▪ Hedging strategies

Break (15 mins)

FX Derivatives
▪ FX swaps & cross currency swaps
▪ Options (plain vanilla options, caps & floors)
▪ (Non-deliverable) forwards

Wrap-up and Q&A

Trainer

Adela Kozelova CFA FRM

Adela Kozelova joined Zanders in 2016. As Senior Manager she is an experienced asset of the Treasury Advisory Group at Zanders. Adela has extensive experience in Financial Risk Management, Treasury Strategy & Organization, and Treasury Processes & Systems,. She holds a MSc Financial Management degree from Nyenrode Business University (The Netherlands) and holds CFA and FRM designations.

Learning Objectives

With the drive to run an efficient treasury function, automate activities and have real time data, one relies on the use technology. That could be a Treasury Management System, an Online Trading Platform or simply an Electronic Banking system. The main challenge however for many treasurers is to select, implement and deploy the right type of treasury technology. How to ensure that technology is supporting your treasury activities instead of technology becoming a source of activity in itself.

In this pragmatic training we will give an introduction into treasury technology, dive deeper into the IHB and Payment factory concept, and connectivity. This training also provides insights into creating a treasury technology roadmap, emerging technology and the selection and implementation processes. We will `conclude the training with a case study.

Outline

Introduction
▪ Overview of the treasury technology landscape
▪ Different approaches to a Treasury Management System

Part 1: In-House Banks & Payment Factory
▪ Different concepts of IHB
▪ Paymentfactory
▪ Bank Connectivity
▪ Integration with other financial systems

Break (15 mins)

Part 2: Treasury Technology Roadmap
▪ Developing a treasury technology roadmap
▪ Exponential technology in treasury

Part 3: Selection and Implementation of Treasury Technology
▪ Definition of functional and technical requirements
▪ How to define a robust selection process
▪ Implementation approach

Break (15 mins) 

Case Study

Wrap-up and Q&A

Trainers

Erik Marinussen
Erik is a Manager within the Corporate Advisory practice of Zanders based in Stockholm, Sweden. He has over 8 years of experience in corporate treasury and performed several Treasury Implementation and Transformation projects, streamlining processes and enhancing liquidity management for organizations of varying sizes and industries. Erik also has a track record of successfully executing interim Treasury front office and back office assignments, where he gained relevant Treasury knowledge and experience.

Annick de Groof
Annick is a Senior Consultant within the Corporate Advisory practice of Zanders based in Stockholm, Sweden. She has gained experience on multiple Treasury Transformation projects at multinational clients. Annick holds an MSc in Finance from the Vrije Universiteit of Amsterdam.

Learning Objectives

Many corporate treasuries are seeking to centralize and automate their cash management processes, through in-house banks, payment hubs and even collection factories, in order to achieve a greater degree of efficiency, as well as visibility and control.

This training will start with an overview of the payment landscape, in-house banking functionality, and connectivity options, but will also dive deeper into the more technical aspects of payment hubs, in-house banking and connectivity such as design and implementation considerations and current trends in the payment and connectivity landscape, like the SWIFT MT-MX migration.

Outline

Introduction
▪ Introduction into cash management centralization
▪ High-level explanation of different concepts – payment hub, IHB, bank connectivity

Part 1: Payments
▪ Overview of payment scenarios
▪ Payment solutions
▪ Payment trends
▪ Considerations for implementations

Break (15 mins)

Part 2: In-house Banking
▪ In-house banking functionality ▪ Design considerations
▪ Technology options

Break (15 mins)

Part 3: Bank Connectivity
▪ Connectivity options
▪ Connectivity trends

Wrap-up and Q&A

Trainers

Kristina Moller

Petter Huusko

Petter is a Manager within the Corporate Advisory practice of Zanders, based in Stockholm, Sweden. He has over 9 years of experience in corporate treasury, ranging from system implementations, transformation projects, cash management and multiple interim assignments. Petter Holds an MSc in Business and Economics from the Södertörn University of Stockholm.

This is where Training Day ends and the Treasury 360° Nordic main event starts fading in – so check out its main site here.