In the aftermath of the financial crisis, treasury professionals continue to face rising expectations. Senior management, boards of directors, investors and internal stakeholders demand more from treasury departments than ever before. Specifically, boards have increased their scrutiny of risk management, which has motivated treasury departments to contemplate best practices around quantifying financial risk, maintaining compliance in an evolving regulatory environment and other key areas. The most proactive treasury groups initiate these conversations with boards and seek to answer questions before boards have the chance to ask them.
In recent months, four key trends have emerged within the financial risk management space and treasury, in particular: (1) identifying the impact of new regulatory requirements and compliance therewith; (2) enhancing FX exposure management and impact analysis; (3) developing commodity risk management programs; (4) leading the evolution of treasury into a strategic nerve center for businesses.