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.

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