Bank treasuries ill-protected against liquidity risks

A new Swift report highlights a disconnect between bank’s internal treasury capabilities and the products they sell to customers.
Wim Raymaekers
Wim Raymaekers

Despite all their rhetoric to the contrary, banks still have a siloed approach to liquidity risk management -- a fact that has the potential to impact corporate treasury credit lines and other counterparties across the spectrum.

Surprisingly, there is a disconnect between the people who are organising the payments and cash reconciliation and the business units -- the treasuries -- that ultimately need that information within banks, said Wim Raymaekers, head of banking market at the Society for Worldwide Interbank Financial Telecommunications Swift in Belgium.

Liquidity management tools are big business for the transaction banking arms of most large global institutions. BNY Mellon recently appointed Filippo Santilli Asia-Pacific managing director of liquidity services...

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