A packed month of elections, earnings, rate decisions, and the UK Budget has flipped markets from risk-on to cautious, with a sharp tech sell-off, widening credit spreads and likely rate hikes in the UK, eurozone and US all pointing cash and treasury teams towards protecting what they have.
TreasurySpring has appointed Nasdaq Private Market CEO Tom Callahan to its Board, welcomed Bridgepoint founder William Jackson as a shareholder, and seen Eden Rock Capital Management increase its stake as the business grows its private funds offering.
AI agents could gradually change how corporate treasurers manage cash, reducing the inertia that keeps large balances in low-yielding bank accounts and putting pressure on banks’ deposit funding.
Markets remain focused on rising oil prices and their impact on interest rates. Brent crude has climbed above $90 as tensions in the Gulf region intensify, reversing expectations of slower rate hikes following weaker-than-expected US jobs and wage data.
Following a split FOMC vote and stubborn inflation, Nigel Owen and Glen Stone explain why the market is now leaning toward a September hike rather than a cut.
Kevin Cook explains the founding principles behind TreasurySpring's One+ product and the non-negotiable rules, like never selling products the founders wouldn't buy themselves, that have guided the platform since day one.
Richard Draper explains how TreasurySpring has opened up the multi-trillion-dollar repo market, previously reserved for large banks, to a much wider range of cash investors through secured short-term cash products.
Kevin Cook traces his own confusion the first time he encountered the term 'repo' back in 2006, and uses it to explain why the repo market is such a fundamental, if poorly understood, building block of finance.
A well-integrated treasury management system connects banks, ERP software and investment platforms to provide real-time cash visibility, automate workflows and turn surplus cash forecasts into investment decisions.
Chris Brook and Alex Seymour look at how AI is moving beyond chatbots into everyday treasury work, and what teams need to think about on accuracy, security and oversight to use it responsibly.
This guide explains how prime and government money market funds differ under SEC rules in what they hold, how they’re priced and how they behave under stress, and what the fully implemented 2023 reforms mean for treasurers deciding where to place their cash.
The Bank of England raised rates by 25bps and left the door open to another hike in December, while strong US jobs data, rising European inflation, falling UK house prices and a slide in Brent crude below $90 rounded out a busy week.
The Bank of England’s expected hike to 4% came with a more hawkish tone than the market anticipated, but we think weaker growth could see rates peak well below the 5% currently priced in.
Tokenization is now live in US markets through tokenised deposits, stablecoins and tokenised money market funds, and for corporate treasurers it could mean round-the-clock settlement, faster collateral movement and automated cash rules, provided policies distinguish these regulated instruments from cryptoassets and the right governance is in place.
A packed month of elections, earnings, rate decisions, and the UK Budget has flipped markets from risk-on to cautious, with a sharp tech sell-off, widening credit spreads and likely rate hikes in the UK, eurozone and US all pointing cash and treasury teams towards protecting what they have.
TreasurySpring has appointed Nasdaq Private Market CEO Tom Callahan to its Board, welcomed Bridgepoint founder William Jackson as a shareholder, and seen Eden Rock Capital Management increase its stake as the business grows its private funds offering.
Most bank FX hides its margin inside the rate, but checking each conversion against the published WMR fix lets treasury teams see exactly what they paid.
The Fed and ECB both held rates with December hikes now widely expected, while firmer US inflation and growth, mixed eurozone data, a negative outlook on France’s rating and a cooling UK housing market rounded out a busy week beyond the US midterms.
