Regulatory change, the fallout from the financial crisis and the subsequent economic downturn are three key drivers/focus on liquidity management practices for corporate treasurers globally.
In Europe, the ongoing implementation of SEPA - Single Euro Payments Area (see related concerns by the EACT) will have a notable impact on cash management arrangements - all of which will ultimately make life simpler for all European treasurers. Harmonisation of payments and collections standards will certainly open up possibilities for efficiencies e.g. consolidate the number of accounts/banking relationships maintained, use of tools such as balance sweeping and cash concentration, etc.
And the evolving regulatory landscape and ongoing economic uncertainty are driving the take-up of solutions that seek to actively manage corporate liquidity. See more here
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