March 16, 2016
Thomson Reuters and DFS Group Recognized at Corporate Treasurer Awards 2015
HONG KONG –Thomson Reuters in collaboration with DFS Group has been awarded ‘Best Technology Platform’ under the Best Treasury & Finance Strategies in Asia Pacific category at The Corporate Treasurer Awards 2015. The annual awards, hosted by The Corporate Treasurer, celebrate the best in corporate treasury from across the Asia Pacific region.
Thomson Reuters provides DFS Group with a wide range of information and advanced tools to effectively manage long and short-term finance, reduce costs in foreign exchange, assess credit risk/worthiness, and automate compliance driven processes.
Through using a combination of Thomson Reuters Eikon and FXall, DFS has access to key market data, news and analytics as well as a wide range of currencies and liquidity pools, all available in a state of the art trading platform that provides an audit trail to help DFS support any audit requirements in an efficient and consistent way.
“We are delighted to win the award for ‘2015 Best Treasury & Finance Strategies in Asia-Pacific: Best Technology Platform’ by the Corporate Treasurer together with Thomson Reuters. We are always looking to engage technology solutions that improve our treasury management processes and activities. Thomson Reuters is a trusted partner to DFS Group, providing solutions that enable our businesses the ability to achieve best pricing, fast execution and high efficiency across key areas of our treasury management,” said Kenneth Ng, Director & Corporate Treasurer at DFS Group.
“The rapidly evolving global economy is placing unprecedented demands on corporations like DFS to improve the efficiency, performance and compliance of their foreign exchange and money market trading. An evolving global landscape, market volatility and the growth of emerging economies make it necessary to manage an increasingly complex matrix of multi-currency transactions and portfolios. Volatility places a premium on better risk management, and regulatory changes are imposing new standards of accountability. Thomson Reuters is proud to partner with DFS Group to help it develop resilient and nimble treasury processes in support of its business needs” said Sanjeev Chatrath, Managing Director, Financial & Risk, Asia Pacific, Thomson Reuters.
“Given DFS’ need to manage its financial risks more centrally, it’s decision to adopt Thomson Reuters platforms have benefitted it greatly. A good strategic decision and a worthy winner of our award,” said Daniel Flatt, Editor at Corporate Treasurer.
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.
Financial & Risk PR Manager, Asia Pacific
Tel: +852 2843 1623