Swiss Re Ag · SIX:SREN
Swiss Re — International Conference on Contract Simplification 2016
6 slides from Swiss Re's conference presentation, Mar 29, 2016
Slide 1: Cash Management: Simplification Opportunities through Smart Contracts?
Cash Management Simplification Opportunities through Smart Contracts? Knut Pohlen, Group Treasurer, Swiss Re International Conference on Contract Simplification, 29-31 March 2016
Slide 2: Cash Management at Swiss Re
Cash Management at Swiss Re CFO (D. Cole) Group Treasurer (K. Pohlen) Corporate Finance & Group Group & Reinsurance Risk & Short-Term Funding Treasury Business Services Performance and Capital Balance Sheet Management Management Cash Management International Conference on Contract | Simplification 2
Slide 3: Cash Management at Swiss Re: The challenges with the existing framework
Cash Management at Swiss Re The challenges with the existing framework Cash management stats • A huge operational process is required to support cash management. Key Treasury Cash Management responsibilities: – oversight over bank accounts (commercial, trust, custodial safekeeping and collateral man
Slide 4: Synergies based on existing framework maxed out
Cash Management at Swiss Re Synergies based on existing framework maxed out So far optimized: Significant investment in technology and integrated functionality • top tier global cash management workstation to support daily business • top tier payment hub to support global centralization and payment
Slide 5: Innovation Leap – through smart contracts and cryptocurrencies?
Cash Management Innovation Leap – through smart contracts and cryptocurrencies? Potential Cash Management benefits: • Single bank account at the holding company level with Blockchain ledger entries for appropriate legal entities. • Improve day to day management and projection of payments through Sma
Slide 6: Legal notice
Legal notice ©2016 Swiss Re. All rights reserved. You are not permitted to create any modifications or derivative works of this presentation or to use it for commercial or other public purposes without the prior written permission of Swiss Re. The information and opinions contained in the presentati
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