TMI270

Breaking Boundaries SMARTANDSUSTAINABLE SUPPLYCHAINFINANCE Issue270 ■ TreasuryMoves to theCloud ■ AchievingDiversityand Inclusion inTreasury TreasuryManagement InternationalLtd, WaneyEdgeBarn,FoxhillLane,Playhatch, ReadingRG49QF,UK Tel:+44 (0)1189478057 e-mail :tmi@treasury-management.com Internet:www.treasury-management.com EUOffice: TreasuryManagement InternationalKft. 2161Csomád,Verebeshegyu.11.,Hungary TMITREASURYMANAGEMENT INTRERNATIONAL ISSN0967-523X is publishedeighttimesayearbyP4PublishingLtd,WaneyEdgeBarn, FoxhillLane,Playhatch,ReadingRG49QF,UK.The2019USannual subscriptionprice is$400.00.Airfreightandmailing intheUSAby agentnamedWNShipp ingUSA,156-15,146thAvenue,2ndFloor, Jamaica,NY11434,USA.Periodicalspostagepaidat JamaicaNY11431.US Postmaster:Sendaddresschangesto TMI-TREASURYMANAGEMENT INTERNATIONAL,WNShippingUSA,156-15,146thAvenue,2ndFloor, Jamaica,NY11434,USASubscriptionrecordsaremaintainedatWaney EdgeBarn,FoxhillLane,Playhatch,ReadingRG49QF,UK.AirBusinessLtd isactingasourmailingagent. Whileallreasonablecarehasbeentaken toensuretheaccuracyofthepublication,thepublisherscannotaccept responsibilityforanyerrorsoromissions. TMI270 Editor EleanorHill CommissioningEditor &OperationsManager CarolineKarwowska CopyEditor ElizabethHennessy Sub-editor SueCampbell ConsultingEditor HelenSanders Accounts KarenRoberts CEO&Publisher RobinPage AssociatePublisher SamClarke Design&Production GlenOrford DigitalDesign AlexTierney DigitalContent Executive WillHollands Printed inEnglandby MicropressPrinters ©2019P4PublishingLtd ISSNNo:0967-523X - Issue270 Getting Real about Diversity& Inclusion inTreasury Eleanor Hill,Editor Implementing aTMS for the 21st Century at Avalon Health Care Terry Nelson,Avalon Health Care Group SuperchargingTreasurywith Industry 4.0Technology Eleanor Hill,Editor CorporateTreasury at a Crossroads: The Challenges and Opportunities in ModernisingTreasury Operations SteveWiley,FIS Preparing for the IBORTransition: Practical Steps for CorporateTreasurers Instant Payments and gpi: A Story of Interoperability Cédric Derras,UniCredit Maximising the Benefits of Leasing for theTreasury Function JoshuaMay,LeaseAccelerator Houston,We Have a Solution: Cheniere Flips theTreasury Script Eleanor Hill,Editor CONTENTS 8 22 25 29 32 Breaking Boundaries: Smart and Sustainable Supply Chain Finance Eleanor Hill,Editor 14 COVER STORY MakingTreasury Extraordinary: ZEE’s Superstar Transformation Eleanor Hill,Editor Rohit Kumar Gupta, CFO, ZEE and Rupa Balsekar, Managing Director &Head Transaction Banking, BNP Paribas India, explain how a bespoke end-to-end cashmanagement solution provided by the bank has transformed ZEE’s treasury function into a digital and sustainable role model. 42 SPECIAL FEATURE INSIGHT Leader CuratingTreasury Services: Future Role of the CloudTMS Terry Beadle,GTreasury People in Focus Javier Pérez-Tasso,SWIFT My Life inTreasury Nicolas Tusseau,LyondellBasell Executive Interview Electrifying CashManagement: Africa’s Digital Journey DushenThathiah,Standard Bank 2 4 5 REGULARS 50 36 39 45 The Editor discusses with senior treasury professionals the new technologies that are enabling corporates tomake their supply chains more sustainable as they support suppliers in their efforts to adhere to environmental and ethical standards.