CTC Research Perspectives

A qualitative perspective providing detailed analysis, benchmarks and ideas revolving around one of AFP’s original research reports.

Executive Perspectives on the
2012 AFP Liquidity Survey

A summary of interviews including peer insights and comments on the survey results addressing the following issues:

• Changes to short-term investment policy and strategy in response to fluctuating conditions over the past few years
• Definition of safety and the factors that influence safety in the short-term investment portfolio
• The effect proposed money market reforms and the possible end of unlimited FDIC insurance may have on bank deposits and short-term investments
• Counterparty risk management for international cash holdings vs. U.S. holdings

Executive Perspectives on the
2011 AFP Strategic Role of Treasury Survey

A new report from AFP’s Corporate Treasurer’s Council (CTC) reaffirms trends observed during the 2011 Strategic Role of Treasury Survey: treasury is growing in importance within the organization, and is transcending its traditional functions.

EXCERPT:

There are several trends driving this expansion of treasury’s role. According to the AFP survey, “Strategic Role of Treasury,” these include:

• The growing importance of core treasury activities such as liquidity management and cash management in the current economic environment (cited by 78 percent of survey respondents).
• Demand for greater visibility into liquidity by senior management and the Board.
• Greater focus on the measurement of financial metrics.

Executive Perspectives on the
2011 AFP Liquidity Survey

A summary of interviews and an analysis of the key takeaways from these interviews that address the following issues:.

• organizations’ short-term investment strategies and what impact the recent slowdown in the U.S. economy has had on these strategies 
• the reasons companies are deciding to expand or shrink their short-term investment balances
• the role of earnings credit in affecting short-term investment strategy
• the differences in strategies associated with U.S.-based cash holdings and non-U.S.-based cash holdings and the impact taxation on repatriated foreign earnings may have on the decision to bring cash back to the U.S