AFPAtlanta Best Practices for TRM Evaluation and ...

Best Practices for Evaluating and Implementing a Treasury and Risk Management System

TRACEY FERGUSON KNIGHT Solutions Consultant, Reval August 15, 2012

Global Market Drivers: Risk and Regulation

EVOLUTION OF THE TREASURY FUNCTION

Manual Processes

Restricted to Managing Liquidity / Cost of Capital

Integrated with Business Units

Regulatory Compliance Driven

Strategic Advisor to the Board

Basel III

Operational Risk

Dodd Frank

Enterprise Risk

UK CGC

Complex Instruments

FINANCIAL REGULATION

SOX

CORPORATE RISK

FX Risk

Basel II

Counterparty Risk Market Volatility

Commodity Risk

Interest Rate Risk

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Agenda

o How to Select a Treasury & Risk Management (TRM) System o How to Successfully Implement a TRM System o How to Keep the Benefits Going

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Selection Process

o What is the strategic vision for your treasury? (Why) o Identify stakeholders (Who) o Determine system requirements (What) o Create budget/identify costs/identify benefits (How much) o Draft implementation timeline (How long) o Research applicable vendors (Who to talk to) o High level demonstrations (1st date weed out) o Draft RFP ? Stay focused (Get to know each other) o Review vendors/demonstrations (2nd/3rd date) o Select vendor (Proposal) o Sign contracts (Pre-nup) o Develop project plan (Pre-marriage counseling)

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Strategic Vision for Treasury

*Published by Treasury Strategies, Inc.

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