RiskTech Forum

SunGard Study of Japanese Treasury Practices Reveals Opportunities to Improve Cash & Risk Management

Posted: 24 October 2012  |  Source: SunGard


A SunGard study on corporate treasury management practices in Japan has found an opportunity to help corporations leapfrog over their competitors by enhancing their approach to cash management and risk management with treasury technology.

Japan is the world’s third largest economy by GDP with a historically strong domestic financial services industry. However, Japanese companies have recently faced the combined challenges of depressed demand and inflationary pricing pressure created by the global economic downturn. High levels of government debt and credit downgrades have increased the cost of borrowing, focusing attention on corporate liquidity and the importance of efficient cash management.

The key findings of the study are discussed in a series of five articles recently released by SunGard:

Yohjiroh Yanagi, vice president of corporate liquidity, SunGard’s AvantGard Japan, said, “The results of this survey demonstrate that forward-thinking Japanese corporations are looking to gain a competitive advantage by enhancing their use of treasury technology to manage FX and credit risk. They are also migrating away from spread sheets to reduce the time required to gain visibility into their cash position.”

 

The study included 70 corporate treasurers at firms headquartered in Japan. More than 1,100 companies around the world, and 150 companies in the Asia/Pacific region, rely on AvantGard Treasury solutions.