Trading places

I have recently been in Dubai where the ACT was generously invited to deliver the treasury workshop at the latest GTR MENA Trade Finance week. The ACT and GTR have been associated in this way for a few years now in the UK, Middle East and Singapore and it allows us to reach a trade finance audience we don’t always see. Unfortunately, the date, 14 February, meant being away from home on Valentine’s Day but it was for a good cause of course. The big theme in trade at the moment is, well, the lack of it or, rather, the

The Treasurer’s Deals of the Year Awards Ceremony

I attended The Treasurer’s Deals of the Year Awards ceremony last night, along with 150 esteemed guests from the world of treasury and finance, and what a special event! Sponsored by Lloyds Bank – thank you – and held at the impressive Banking Hall, a former Lloyds Bank building, this was a wonderful introduction for me to an ACT event, being just my second day in role as Chief Executive. I can say that the evening was brilliant, and I am so proud to be part of this highly professional team. I met some wonderful people too – in many

Smart Cash: a simple guide to attending

We understand that it can be quite a daunting thing to attend an event, particularly if it’s your first time coming to one, so here is a handy list of dos and don’ts that we think will help you make a good impression at the ACT Smart Cash conference in London on 8-9 February 2017. DO wear your name badge at all times. It’s for security – yours. Name badges help delegates to identify people at six paces that they’d rather avoid. DO NOT look at or hold up your own name badge when introducing yourself to people. It makes

How are you managing your cash?

Pretty much since the dawn of time there has been a simple fact about business: if you haven’t got any cash, you won’t have a business. The overwhelming reason for business failure is running out of money. And that means real money, not hoped for money, not might be money and certainly not ‘the cheque’s in the post’ or, ‘will next week do?’ money! What has changed though is the way in which the people responsible for making sure business survives -that’s us as treasurers – have used the tools and techniques of finance to ensure survival. That’s equally true

Technology Risk and Smart Treasury

The recent Technology Risk and Smart Treasury forum offered a great opportunity to step out of day to day business for an afternoon and consider the future direction of treasury and technology. The first session presented by Andrew Fletcher from Thomson Reuters labs provided a fascinating insight into the developing tools available to track customer interests. The recent Brexit and US presidential elections were decided within the forecasting error of most opinion polls (and worse the polls typically showed a greater probability for remain and Hilary Clinton), dealing a blow to the forecasters and so it is easy to see

Working it wiser

Under the theme “working it wiser”, the second year of the ACT Working Capital conference gathered 150 treasury and finance experts in London on 22 November. Speakers and delegates discussed issues ranging from driving sustainable approaches and working capital management (WCM) to supply chain finance and the use of technology to achieve greater efficiency. “This conference built well on last year’s event, the wider participation from the attendees in the session lent itself well to help understand how our peers in industry go about the pro-active management of working capital”. James Marshall, Head of Treasury, Virgin Media “A recurring theme

ACT Middle East growing strong

Just under 500 finance and treasury professionals gathered at the Conrad Dubai Hotel on 24-25 October for the ACT Middle East Annual Summit – the largest event of its kind in the region. From technology to strategic treasury and leadership issues, what an insightful debate it was. Coupled with the fantastic support of all our sponsors, speakers and delegates, it was undoubtedly our best Middle East event to date. We had over 260 companies present from A to Z, including Almoayyed International Group, Aramex, Chalhoub Group, Du, elseco, Etihad Airways, Government of Sharjah, Gulf Energy, Landmark Group, Oman Trading International, R.A.K. Ceramics, Sephora, Webcor

The world from here

If technology was the ‘play for today’ on day one, day two could best be described as, ‘the gift that keeps on giving’. Gifts actually. Apart from an eagerly awaited session on the imminent arrival of VAT in the Gulf, the rest of the day looked towards the strategic direction of treasury and leadership issues. The ACT Middle East Summit 2016, Day Two Yes, there’s a day job, but increasingly treasurers everywhere, including the Middle East, are being asked by their C-suites to interpret the complexity of business and finance: what does the world look like from here? Our ever popular