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Industry Insights

Articles

White Paper

European Money Market Mutual Fund Survey on Regulation: Summary Results & Analysis

Our survey results indicate that any attempt to eliminate the constant net asset value (CNAV) methodology for pricing MMFs in Europe would generate a negative reaction among investors.  A large segment of respondents surveyed indicated that if enacted, they would either decrease or discontinue their use of money market funds.  Analyses by industry and by

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White Paper

Operational Implications of a Floating NAV across Money Market Fund Industry Key Stakeholders

The purpose of this paper is to explore the dramatic cost and operational impact of what might seem to be a small change in share price accounting protocol. The research in this paper examines the compliance costs across key stakeholders within the MMF industry if all MMFs changed to a floating NAV. We believe that the loss of

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Technology Briefing

Treasury Strategies’ Technology Briefing Presentation – July 2013

Treasury technology is key to driving results and transforming data into business intelligence, enabling treasury to be the company’s financial nerve center. Treasury Strategies’ Technology Briefing will help keep you current and up-to-date. We will discuss: The continued transformation of the treasury technology space and the convergence of functions within treasury technology Technology readiness for

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Corporate Cash Briefing

Treasury Strategies’ Quarterly Corporate Cash Briefing™ – June 2013

During this 45-minute webinar, participants will hear the results of Treasury Strategies’ ongoing research into corporate cash and the latest government statistics for total corporate cash holdings in the US, UK & Eurozone. Insights from our panel including Association of Corporate Treasurers (ACT), Federated Investors and PNC will help participants understand the implications for our industry. Click

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Articles

Scale and Economics Win Out in the End: The Visa/JPMorgan Card Partnership

Coming on the heels of JPMorgan’s acquisition of Bloomspot, JPMorgan and Visa recently announced a partnership that essentially claws out a closed-loop merchant services proposition, “Chase Merchant Services.” The structure for this arrangement looks similar to the AMEX model in that Chase merchant terminals will treat transactions initiated on JPMorgan-issued Visa cards in a differentiated

Articles

Deconstructing Payments to Drive Value

One of the hot topics at the recent NACHA conference was the question of same-day ACH: should the US adopt a solution framework similar to “Faster Payments in the UK”? Under such a solution, banks would offer ACH credits (and possibly debits) that would settle on a same-day basis. Notably, same-day ACH under the BACS

Corporate Cash Briefing

Treasury Strategies’ Quarterly Corporate Cash Briefing™ – April 2013

During this 45-minute webinar, participants will hear the results of Treasury Strategies’ ongoing research into corporate cash and the latest government statistics for total corporate cash holdings in the US, UK & Eurozone. Insights from our panel including Association of Corporate Treasurers (ACT), Federated Investors and PNC will help participants understand the implications for our industry.

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State of the Treasury

2013 Treasury Strategies’ State of the Treasury Profession: Turning the Corner

Each year we draw on our deep client experience with corporates and financial institutions to provide our assessment of the state of the treasury profession.This year’s assessment will focus on: 1. Corporate Treasury turning the corner, away from crisis mode and toward forward progress. 2. Capital markets opening up, moving away from panic-driven volatility. 3.

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Regulatory Insights

FSOC – Proposed Recommendations Regarding Money Market Mutual Fund Reform (Docket Number FSOC -2012-0003) – Alternative Three: NAV Buffer

We are writing in response to the Financial Stability Oversight Council’s (the Council) recommendations on money market mutual fund (MMF) reform, “Proposed Recommendations Regarding Money Market Mutual Fund Reform” (“the Proposal(s)”). Treasury Strategies, Inc. has prepared the following opinion regarding the Council’s recommendation that MMFs be required to establish a risk-based NAV buffer. Treasury Strategies

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