What have you learned from 2022 that will guide you into 2023?
In our markets, with so many moving parts and ever-changing sentiment, it is impossible to time everything perfectly. It can be appealing to always wait for the “right time” but if you do your thorough research, invite feedback and trust the work you have put in, there is not much more you can do to propel progress. This certainly applies to the universe of sustainable finance – a space still in its infancy with a long road to maturity, where every day there may be a new initiative coming to market, regulatory changes or scandals around greenwashing.
Can you share a memory from 2022 that left you feeling inspired?
Launching our partnership with the London Stock Exchange to find a better way to deliver access to direct sustainable cash investment options has certainly been a highlight. The fact that an institution of the LSE’s scale, with its rich history, experience and standing (including in the sustainability space), has joined forces with us is a testament to the credibility of our offering and technology and is hugely exciting for the business. On a personal level, spending a few days with our entire team at our offsite in Italy – ideating, chatting and ultimately, having fun – has been hugely uplifting and inspiring.
What are your most important objectives for 2023?
Within the Product team, our objective is to build on the great momentum from 2022 and provide our clients with access to ever more directly originated cash investment options, offering them the opportunity of further diversification whilst reducing risk and increasing returns, irrespective of the prevailing macro environment. We have also been working with our friends at the London Stock Exchange on bringing our first Sustainable Issuer in the corporate space on board. Going live this year will be the culmination of many months of hard work and a proof of concept, but is just one of many milestones in our journey to help shape the sustainable revolution in money markets.
What is going to rock your working world in 2023?
Whilst ESG in finance has a great potential to be a key lever to achieve broader sustainability objectives, in many respects the space remains like the ‘Wild West’, with an overload of choice, a lack of standardisation and a flurry of misleading claims. Further regulation is on the way and with it I believe we will see a reduction in the quantity of options and an increase in quality. All of which I hope will result in more robust, transparent and impactful solutions. From a TreasurySpring perspective, taking an active role in industry initiatives and consultations, engaging with key stakeholders and being an outspoken voice to drive positive changes is the natural, next step in our evolution and something I am hugely looking forward to.