The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Efficiency and sustainability top the post-pandemic cash management agenda

This year’s cash management survey sees banks looking beyond purely pandemic-related challenges to focus on sustainable finance and investment in technology.

E-commerce Enterprises Prepare For China's Double 11 Shopping Festival
Photo: Getty

Any discussion about disruption to traditional banking models necessarily focuses on transaction banking, which has undergone seismic change in recent years thanks to new digital-based competition and breakneck technological development. It is perhaps surprising, therefore, that in the middle of such a fundamental transformation the position of the leading banks in Euromoney’s annual cash management survey remains largely unchanged. HSBC again tops the survey, followed by Citi in second place and Deutsche Bank third.

The continued low interest rate environment means that banks are more focused on fee-based revenues and adding value at the transaction level, driving the need to add value through simpler digital solutions and straight through processing according to Drew Douglas, regional head of liquidity and cash management, North America, at HSBC.

“Our customers are looking to create efficiency in their own operations, which represents a huge opportunity,” he tells Euromoney.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

Tags

Paul Golden
Paul has written about finance since the early 2000s, with a particular emphasis on foreign exchange, treasury and wealth management. He is a regular contributor to several industry titles in addition to Euromoney.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree