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Cash management poll 2008:

Cash management poll 2008:

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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

October 2006

Cash management poll 2006: Compete or collaborate – or give up?

There has been no relief from the pressures that last year’s annual cash management poll detected: globalization, declining margins and intensified competition. Smaller banks face a choice between expanding to compete or forming difficult-to-implement partnerships. Some might soon begin to question whether all the effort is worthwhile. Lawrence White reports.




Full results                Methodology              Compete or collaborate – or give up?THERE’S A LONG-STANDING problem in the cash management business: how do you streamline and standardize in order to stay in an increasingly globalized and fast-moving race without compromising your products? Compete or collaborate is this business’s catchphrase, as the few banks with a truly global network extend their influence while smaller players face the stark choice of outsourcing their regional expertise to one of these larger rivals or attempting to expand themselves. Euromoney’s 2006 cash management poll reveals a continuation of the trends towards globalization and shrinking margins that have characterized the past few years. Some of the biggest banks in the game predict a future in which only four or five firms will offer a unified global cash management solution while the rest form a secondary tier of outsourcers providing regional coverage to the top dogs. The banks in this...


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