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As global uncertainty mounts, corporate treasury teams have become increasingly focused on optimizing their liquidity in every locale where they do business. “In order to [meet corporate strategic objectives], we needed to be able to access all our cash globally, wherever it was,” says Steve Propper, vice president and corporate treasurer for Corning Incorporated. “The more fungible our cash is, the more liquidity we have on a global basis.”

Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

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