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First of all, rumours circulating about members of the ACT team and their relationship with alcoholic beverages after the gala evening can be completely denied. At least until the tabloids get the pictures! For those of us with a more, ahem, sober disposition, Friday-day three-offered yet more great evidence of the widening scope of treasury responsibility. For the past couple of years Friday sessions have been aimed at particular aspects of doing the job. However, don’t be fooled into thinking these are dry, technical or even too narrowly focussed. A management development session produced great audience interaction, although one delegate
An early start to day two. So early it took us in to the world of futurist Rohit Talwar. As someone who has to work hard with his own intelligence, your correspondent isn’t entirely comfortable with the concept of artificial intelligence taking over the world! Futurists though are generally a positive bunch seeing useful tools and trusting in human intelligence to work out new ways of living. There’s no doubt that the pace of change and impact of intelligent technology is weeping all before it. Can we keep up? That was reinforced during a lively Question Time (which also saw
I could say that this was one of our best ever opening days for speakers. I could say the same for the numbers of delegates through the doors of the ACC. I could even say that we’ve got the best exhibition hall we’ve ever had. But I won’t because I want to say them all and more besides! There’s a real sense that treasury and the role of the treasurer has bloomed in recent years but the emphasis in the various sessions on the strategic importance of the work treasuries does was loud and clear. A really engaging session on
So, back to Liverpool and the ACC. A grey morning greets us – an English summer’s day some would say! – But the ACC is positively humming with activity! A huge exhibition hall full of folk laying out their wares as if we’ve stumbled into a market day from the 15th century updated for 21st century technology (not to mention fabulous coffee machines!) The ACT team has been here since the weekend getting things up and running with the help of the excellent staff of the ACC and everything is prepped and ready. Your correspondent who happens to be Chair
On the eve of the ACT Annual Conference we take stock and reflect on a controversial yet inevitable theme and its recent trajectory from dumbed-down conversation-stopper to intellectual fire-starter for treasurers. Our opening speaker, John Kay, firmly prophesises (in his latest book Other People’s Money) that: ‘The revolution will come. Institutional inertia can slow technological change but can rarely prevent it altogether…. [t]he evolution of payments will pave the way for broader change both institutional and intellectual. Our understanding of money and banking will be fundamentally revised.‘ So, if there is a point at which a ‘healthy scepticism’ becomes anachronistic
Treasurers proving their worth, celebrating success with their peers In the words of the song, ‘there’s nothing a little moonlight can’t do’, or, in our case for the ACTME Annual Dinner and Treasury Awards, the lovely surroundings of the Four Seasons Jumeirah Dubai! For the second year running the ACTME brought together dinner guests from across the regions, treasury and finance communities to celebrate the only treasury awards in the region for treasurers, judged by treasurers. The ACTME Chair, Matthew Hurn, Executive Director – Finance, Emerging Sectors at Mubadala Development Company, kicked off the evening with a welcome address commenting,
ACT Middle East Technology breakfast 10 May 2016 In the latest of a series of ACTME technology driven breakfast seminars more than 65 treasurers, consultants and systems vendors (including from our sponsor, Kyriba) enjoyed a sumptuous breakfast at the Four Seasons Jumeirah before getting down to some serious work; a pity, as the gardens and pools are seriously tempting! The session was centred on two key themes – the continuing importance to every business and organisation of cash and cash flow and demonstrating the real value of treasury management systems in addressing the management of those flows. The real debate
So will the UK’s EU referendum on 23 June give rise to change? What better way to reflect on this question than whilst on my daily “commute” to work, but I use the term here in its original definition, from the Latin “commutare”- come all together/to change. Approaching the City “square mile” on foot I feel I’m travelling through time. The historic street names give away little about their past. Cowcross street, Little Britain, King Edward Street, Postmen’s Park, St Martin’s Le Grand, Cornhill, Bread Street, Watling Street, Queen Street, Cannon Street, then finally arriving at the ACT’s offices situated at