From the September 2009 issue of Treasury & Risk magazine

Hungry for a World of Digital Data

The efficiency of straight-through processing (STP) has taken a back seat to business survival that requires smart decision support (SDS) as alert treasuries are aggressively turning to tools that can help them make sharper judgments.

"The financial market crisis has shown everyone the value of having comprehensive, real-time information," says Google treasurer Brent Callinicos. "In the past 18 months, Google treasury has gone live with three FX systems, a new cash management workstation, a new portfolio analytics system, a risk management system and numerous analytical and market-linked tools. This has enabled us to scale our activities in every area, improving our hedging and investment performance and gaining virtually instantaneous, on-demand visibility into our worldwide cash."


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