Alternative approach to assessing counterparty risk

Assessing bank and counterparty strength can be a headache for corporate treasurers.

The difficulties and complexities inherent in this area have led many treasury teams, particularly in the US, to fall back on the use of money market funds (MMFs) for funding, but there are dangers here too.

There are a number of valid sources of data that treasurers can use, however, to create bespoke benchmarks and establish appropriate tolerance thresholds.

View the article in GTNews