As treasury technology matures and companies put ever higher premiums on internal productivity and efficiency, treasury staffs are letting their vendors know what they’d like to see next.
Better visibility of collateral is on the list, reports Laurie McCulley, a managing director at Treasury Strategies. “Derivative and foreign exchange trades often involve the daily exchange of collateral,” McCulley says. “Users want to see the collateral positions tied to the transactions. They are doing it today through work-arounds, but they want more efficient, direct reporting.” How badly they want it depends on whether Dodd-Frank regulations require collateralization of corporate over-the-counter derivative trades, she adds