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.

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

Cash management survey 2011: Cash gets central billing

As corporate executives make cash management an increasingly important part of their treasury function, so transaction banks are realigning their businesses. Now it is increasingly part of the overall corporate relationship. Laurence Neville looks at the models the leading banks are adopting.

TRANSACTION BANKING, THE process of facilitating buying and selling for companies and financial institutions, has never been the most glamorous of activities. To be sure, parts of the business might be able to claim romantic origins serving the merchants of Renaissance Italy while, at the same time, the contemporary industry is driven by the type of kit that is inevitably accompanied by hyperbole about bleeding-edge technology. Nevertheless, the reality of transaction banking has been prosaic. Contract periods are long (for corporates anyway) resulting in a business cycle that seems positively lethargic compared with the cut and thrust of capital markets, for example. Moreover, despite liberal use of sophisticated widgets, much of transaction banking is broadly the same as it was five, 10 or 20 years ago – after all, the broad goals of companies and investors scarcely change.

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?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree