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LATEST NEWS: At the end of 2021, the G20 issued a report summarising progress on the first year of the Roadmap for enhancing cross-border payments. Improving cross-border payments will deliver widespread benefits for citizens and economies worldwide, supporting economic growth, international trade, global development, and financial inclusion. Watch this free webinar with Finastra to learn how corporates and banks in the Asia Pacific can work together, supported by FinTechs, to achieve rapid time-to-value for each other today. |
How can corporates work effectively with their financial institutions to gain next-generational cash management today?
Recent research from East & Partners and Finastra shows that corporate treasurers' priorities and demands in relation to their banking requirements in Asia have already evolved to reflect a fast pace of change.
Many corporates in Asia have diversified their supply chains, pushing more operations into a wider variety of countries and currencies in order to localize the value chain where possible. This is intended to add resilience, but nearshoring also drives greater demand for more powerful cash and liquidity services in order to manage a growing variety of currencies, because if flows are still cross-border (despite being closer to home), then there are a larger variety of currencies outside of the major currencies. Therefore, while supply chains are closer, there is a greater need to manage these currency exposures and positions.
With a strong background in digital - "front to back squared" - Tim works closely with banks, partners and the wider organization to deliver the best solution for every client. Where the horizontal is as important as the vertical, Tim can bring together the core, cash and liquidity, trade and supply chain, lending and payments. From sole trader to SME to MNC and NGO- corporate banking to the power of X.
Using his experience of communicating at all levels within banks and other organizations globally, as well as public speaking, Tim leverages his business and technical background to evangelize, eulogize and strategize.
Tim is the named inventor of US Patent US9875478B1, which covers the utilization of geolocation within transaction approval processes.
Claudia Villasis-Wallraff is a corporate treasury & risk management executive who has specialised in strategic treasury and treasury technology.
With an accounting background, 10 years ago she moved from consulting into the treasury and risk management space. She has worked in large MNCs in Germany, the UK and Singapore. Changing perspective again, she moved into banking last year. She works for Deutsche Bank in Singapore as Director Corporate Cash Management Structuring, where her main focus is to deliver complex, market-leading treasury, payment and workflow solutions to clients.
She also supports the UK Association of Corporate Treasurers as Singapore Ambassador.
Veronique Lafon-Vinais is a seasoned financial market professional with over 20 years of banking and capital markets experience. She has worked in all the major financial markets and has extensive experience in all the major debt markets.
Veronique joined Credit Agricole in Paris in 1980 after graduating from HEC; she moved to First Chicago (now part of JP Morgan) in London in 1984 then to Chicago in 1990. In 1991 Veronique joined Union Investissements, the M&A and corporate finance subsidiary of Credit Agricole in Paris to work on various M&A and corporate finance advisory projects. Veronique moved to Hong Kong in 1994 joining First Chicago as Managing Director, Head of Financial Markets, Asia Pacific. She joined Standard Chartered Bank plc as Head of Treasury Origination in 2000 and retired from banking in 2001.
She is now dedicating herself full time to education and teaching as Associate Professor of Business Education, Department of Finance, The Hong Kong University of Science and Technology (HKUST), where she teaches in the MBA/MSc programs as well as in the Undergraduate Programs, and professional training and consulting for the finance industry. She is the Executive Director, Career Development & Corporate Outreach for the School of Business and Management at HKUST, Associate Director for the UG programs, Co-Director of the BSc in Sustainable and Green Finance, Associate Director of the tri-degree World Bachelor in Business Program, and Project Director for the HKUST-NYU Stern MSc in Global Finance.
Veronique is married with two children. She is a French national and a Hong Kong Permanent Resident.
Currently, Asian banks themselves believe that corporate treasurers prioritise online banking portals above their relationship management, and even above a bank’s range of products and services. By 2025, they expect that their corporate clients’ priorities will skew even more towards digital transformation as real-time access and execution, and value-added services, join online banking portals at the top of their collective wish list for their banking partner. Despite this, banks have been slow to adapt fully to client needs so far, and need a strategy to flex their offering to corporates in a timely manner.
This webinar, in association with Finastra, took place on Wednesday 19 January, 11:00-12:00 HKT/SGT.
