The ability to enter into new markets geographically can help drive top line revenue growth, or offer cost-cutting advantages in production and output. Companies expand internationally in one of two ways: organically or through M&A activity. International growth carries with it a number of added risks, the most prominent being currency. With the constant volatility in markets and geopolitical uncertainties in every geographic region (Trump, Brexit, North Korea, Venezuela riots), companies are struggling to centralize this risk.
Tom Gavaghan's blog
Tom Gavaghan, Manager, North American Presales
Over the last nine years, Tom has worked globally with banks, brokerages, trading firms and corporations in the treasury and risk management space. He's held roles across the financial technology development value chain, from software implementation to product and presales management. Tom is currently the Manager of the North American Presales team.
Following the tumultuous U.S. election season in 2016, and to kick-off 2017, corporate accounting, tax and treasury teams have been busy planning ahead for the incoming administration led by Republican President Donald Trump, and the inevitable changes it will bring.
How do effective treasury policies protect organizations? Kyriba and Actualize Consulting teamed up to explore key factors that impact the success of an organization in Leveraging Technology to Support your Treasury Policies, an educational webinar designed to provide a deeper understanding of treasury policy best practices. Jamie Christel, Treasury Advisor at Kyriba, and Martha Grant, Senior Consultant at Actualize, discussed a range of opportunities for treasury to improve its outcomes and processes with technology enabled policies.
Many Treasurers report that the accounting complexities required to comply with derivative accounting standards actually inhibit their ability to effectively manage a hedging program.
To simplify the FX program lifecycle, Jonathan Zeman, senior consultant at Actualize Consulting, and the Actualize consulting team, and Tom Gavaghan, presales manager at Kyriba, teamed up to present Simplifying Regulatory Compliance for Your FX Hedging Program as a part of the Treasury Best Practices series from Kyriba.
We were excited to team-up with Global Treasury Partners on our second Treasury Best Practices Webinar Series featuring Currency and Risk Management. For those treasury and finance professionals who weren’t able to attend the webinar, here is a recap of the four key takeaways.