Treasury & Financial Risk Management

Are your treasury strategies and risk management aligned?

The global financial crisis has changed the financial risk profiles of corporates. The volatility of currency and commodity prices has reached new levels. Leading financial institutions faced severe credit events, changing the way companies view their bank relationships. Working capital and cash management became more important than ever to secure companies as going concerns. Apart from these day-to-day challenges, corporate treasuries are increasingly expected to contribute to shareholder value with advanced finance strategies and lower operating costs. The treasury function is in the spotlight as never before and CFOs and treasurers need to consider how best to use the opportunity to upgrade their treasury policies and processes for the future.

PwC wins Best Treasury Consultant Award for the eleventh consecutive year PwC has again been recognised by Treasury Management International (TMI) as Best Treasury Consultant. The award was presented 12 October 2011 at a ceremony in Rome. It marked the 11th consecutive year PwC had been honored by TMI’s global readers. This year over 2,000 votes were polled from TMI’s global magazine and online readership of 22,000 treasury professionals. PwC has one of the world’s largest treasury advisory groups.

The challenges you face

• You need advice on treasury and financial strategy or hedging due to exposures in foreign exchange, interest rates, commodity prices and credit risk.
• You want to establish more effective and efficient structures for financial risk management and treasury operations.
• You need real time visibility of cash, the ability to centralise and use excess funds efficiently, and to align your cash management, liquidity and funding risk structures with best market practice.
• You need to select and implement a treasury management system or want your system to provide more relevant information in a timely and complete manner.
• You want to demonstrate successful management and control of your financial and related operational risks.

How PwC can support you

PwC's Treasury and Financial Risk Management Group is a dedicated team of treasury, banking, financial risk, IFRS and systems specialists. Our expertise covers each link in the treasury value chain.

• We advise you on treasury strategy, help you translate it into detailed objectives that align with your business and support you in implementing these into a comprehensive framework of policies, procedures, systems and controls.
• We assist in planning and reorganising treasury structures, processes and systems, necessitated by changing business needs.
• We review and re-engineer policies for financial risk management (FX, interest rate risk, commodities, credit risk, and liquidity).
• We design, evaluate and support implementation of cash management, banking and liquidity management solutions (incl. cash pooling, in-house banking and payment factories).
• We advise you on defining functional requirements, and evaluating and implementing treasury management systems.
• We provide IFRS and US GAAP accounting advice for financial instruments and risk disclosures, and develop processes and systems for determining the fair value of financial instruments.