Companies are today trying to find solutions to their complex cash management needs in an ever-more challenging global environment. There is an accelerating trend towards globalisation for corporates, and global providers have to meet their clients’ needs, says Norbert Wanninger, Deutsche Bank’s global head of cash management. “Corporates are making heavy investments in their own treasury systems to unlock their full synergies and replicate processes and approaches of their service providers,” he says.
“Truly global solutions are on the upswing. However, the trend today is for regional treasury centres that handle liquidity to have a couple of providers for truly global corporates. This highlights the question of how the providers are investing their money, whether in local or global solutions. Most of Deutsche Bank’s investment money is going into global solutions, although this doesn’t mean that one size fits all. But the key feature of how you interface with your customers is one and the same across the globe.”
