Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

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


Tags

Paul Golden small.jpg
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.