Wim Grosemans, Head of Product Management International Payments at BNP Paribas, presented a lunch session about FX Volatility at EuroFiannce Vienna on October 12th.

1. CASH MANAGEMENT
IN TIMES OF
FX VOLATILITY

2. CASH MANAGEMENT
STRIPPING OFF

3. SETTING THE SCENE
5 FACTORS THAT CAUSE FX VOLATILITY
INTEREST RATES
TERMS OF TRADE
SPECULATION
CURRENT ACCOUNT DEFICIT
GEOPOLITICAL

4. GEOPOLITICAL ISSUES TO SEE
VOLATILITY INCREASE IN Q4

5. US ELECTION
BREXIT
OPEC POLICY
ITALIAN REFERENDUM
ONGOING ISSUES AROUND APPLE & HEALTH OF EUROPEAN BANKING SECTOR

6. HOW DO YOU MANAGE FX VOLATILITY
IN YOUR ORGANISATION?
1. ONLINE VIA BANK OR MULTI BANK PLATFORM
2. ON THE PHONE
3. UTILISE FORWARDS, SWAPS, ORDERS AND DERIVATIVES
THE COMPLEXITY OF MANAGING THE WORLD OF FX …

7. YOUR STRATEGIC FX IS WELL UNDERSTOOD
AND WELL CATERED FOR
IS YOUR FX OVER CASH FLOW GETTING THE SAME ATTENTION?

9. FX UNDER THE RADAR
1. INTERNATIONAL PAYROLL
2. PENSION PAYMENTS
3. TAX COLLECTION / REFUND PAYMENTS
4. DIVIDEND AND INTEREST PAYMENTS
5. IMPORTER INVOICES AND EXPORTER RECEIPTS
6. INSURANCE CLAIMS / PREMIUMS
7. INTER-COMPANY PAYMENTS / FUNDING

10. HOW IS THE FX PRICE CREATED?
1. BID & OFFER
2. TODAY, TOMORROW, SPOT, FORWARD
3. TRADER RATE VS CLIENT RATE
4. MARGINS: BIPS vs PIPS

11. FX CONCERNS ARE BECOMING PREVALENT IN RFPs
TRANSLATING INTO 3 KEY EXPECTATIONS

12. TRANSPARENCY
SAY WHAT YOU DO AND THEN DO WHAT YOU SAY

13. FLEXIBILITY
WHAT’S YOUR PROCESS?

14. CONVENIENCE
GETTING DIGITAL
ACCOUNT ELIMINATION
CURRENCY GUIDE
REPORTING

15. 15
EXEMPLE: BNP PARIBAS CURRENCY GUIDE
UNVEILING THE SECRETS OF INTERNATIONAL PAYMENTS
Currency guide on how to make successful international payments
In more than 130 currencies

16. WHAT COULD GOOD LOOK LIKE?
EXPECTATIONS AND NEW TECHNOLOGIES

17. Next on the Agenda…
Official launch October 13
https://journeystotreasury.com/