AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

gowiththeflow.

Financial Director

| May 28, 2009 | COPYRIGHT 2009 Incisive Media, published with the permission of Incisive Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Anthony Harrington

gowiththeflow

With capital at a premium, FDs have to act quickly to get a grasp on cash management and the related risks -- or face being left dead in the water, writes Anthony Harrington

Cash is not by nature an orderly commodity for a large plc. It has much in common with the tide, washing in and out, gathering in pools here and there, running into the sand and draining back into the receding ocean of global liquidity.

"What is clear is that there has been a financial collapse and some overtrading of financial derivatives," says David Sage, head of the global working capital group at Ernst & Young. ...

Related articles from newspapers, magazines, journals, and more
The Bank of New York Mellon's Pershing Unit Releases New Study for Hedge Funds...
Press release article from: PR Newswire January 5, 2009 700+ words
...Group LLC has found that managing counterparty risk is a much more critical component...importance of effectively managing counterparty risk and the integral role it plays in...funds to help address and mitigate counterparty risk. Key findings from the study include...
Survey: Few measure counterparty risk; Leverage, liquidity measurements also...
Magazine article from: Pensions & Investments April 6, 2009 700+ words
...Most pension funds do not measure counterparty risk, six months after the collapse of...70% of respondents do not gauge counterparty risk for the overall pension fund. Counterparty risk, also known as default risk, is...
Counterparty risk is paramount for energy markets; Trayport roundtable...
Press release article from: M2 Presswire December 15, 2008 700+ words
...December 2008-Trayport Limited: Counterparty risk is paramount for energy markets...Senior industry specialists identified counterparty risk as the most pressing concern for...emissions exchanges, credit and managing counterparty risk was seen as a greater issue than...
Rethinking Counterparty Risk: Market Returns to the Drawing Board after Lehman...
Newspaper article from: Asset Securitization Report May 1, 2009 700+ words
...for the securitization market as counterparty risk assumed a role more important than...must now rethink how to best isolate counterparty risk from a structured finance transaction...Fall Currently, structures include counterparty risk mitigants such as rating triggers...
Fitch Teleconference: Structured Finance Counterparty Risk; Today @ 10:30 AM ET.
Press release article from: Business Wire March 31, 2009 700+ words
...present its consultation paper on counterparty risk in structured finance this morning...10:30ET. Fitch is proposing new counterparty risk criteria options reflecting concerns...The report, 'Exposure Draft: Counterparty Risk in Structured Finance Transactions...
Fitch Teleconference: Structured Finance Counterparty Risk; Tomorrow @ 10:30 AM...
Press release article from: Business Wire March 30, 2009 700+ words
...present its consultation paper on counterparty risk in structured finance tomorrow...10:30ET. Fitch is proposing new counterparty risk criteria options reflecting concerns...The report, 'Exposure Draft: Counterparty Risk in Structured Finance Transactions...
RISK MANAGEMENT: Learning to Track Counterparty Risk; After Bear Stearns,...
Magazine article from: Bank Technology News November 1, 2008 700+ words
...have gone down in flames brings to the fore issues like counterparty risk management that had previously been undercounted, or not...UMB Financial Corp. was in just this position regarding counterparty risk, but executives were relieved to find that the Archer...
Stock-Loan Platforms Race To Offer CCPs; Counterparty risk a focus on both...
Magazine article from: Securities Industry News February 2, 2009 700+ words
...driven by their ability to mitigate counterparty risk. "CCPs are a strong contender to...trades, becoming the focus of counterparty risk and, in most cases, minimizing...While centralized clearing mitigates counterparty risk, it does nothing to lessen collateral...
Hand -to- Hand: Players Lock Limbs Over Counterparty Risk.
Newspaper article from: Asset Securitization Report Stein, Gabrielle April 14, 2008 700+ words
...to sort through the tangled web of counterparty risk that has entrapped Wall Street...banking powerhouse Bear Stearns. Counterparty risk has traditionally been focused on...increasingly come under fire for counterparty risk. These investment banks have seen...
Hess Signs Up for Rapid Ratings International's Counterparty Risk Management...
Press release article from: Business Wire October 15, 2008 700+ words
...products for measuring corporate counterparty risk exposures. Under the agreement...highly useful tool for analyzing counterparty risk and increasing our competitive advantage...can trust." "The Rapid Ratings counterparty risk management capability covers any...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA