Capital Markets & Investments

General Tax Considerations for Funding

When it comes to moving money, tax consequences will always exist, and while some in treasury have a background in tax, many do not. This session reviews the general tax considerations for moving cash between entities or across borders and provides treasury professionals with strategies for executing these transactions effectively. In addition, the session discusses practical considerations for executing the cash movements, such as general accounting, transfer pricing, FX and ERP considerations.

Speaker(s)

Eric George, Senior Manager, Accounting, Rackspace

Jeff Van Dijk, CTP, Sr. Manager, Global Treasury, Rackspace Technology

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: TX

Transitioning from LIBOR: A Corporate's Next Steps

The London Interbank Offered Rate (Libor) is scheduled to be replaced by the end of 2021. It’s replacement, the Secure Overnight Finance Rate (SOFR), globally effects over $350 Trillion in open derivatives, capital markets, loans, leases and other financial instruments contracts. Hear about the numerous challenges that lie ahead; gain actionable insights into the effects this move will have on outstanding contracts and Treasury Management Systems; and walk away with a checklist of action items to prepare your organization to successfully navigate this transition.  

Speaker(s)

Mack Makode, VP & Treasurer, Under Armour

Laurens Tijdhof, Partner, Zanders - Treasury & Finance Solutions

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: SKA

Working Capital Finance: Aligning Your Funding Strategy to Your Business Life Cycle

As businesses move through their natural lifecycle, finance executives must choose between numerous working capital finance options to fit the organization’s needs. As needs change, the emphasis on managing unnecessary stress on operating capital and cash flow becomes that much more important to ensure sustained business growth. This session reviews potential working capital finance structures to match each stage of your business life cycle and includes discussion of key industry sectors such as manufacturing, transportation, wholesale distribution and energy.

Speaker(s)

Ken Summar, Director of Risk Management and Education, Jack Henry Lending

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: FIN

Opportunities for Downside Protection in Corporate Cash Portfolios During Late Stages of the Economic Cycle

Many corporate Treasury programs focus on Treasury, agency, and investment grade corporate credit securities. But as this economic expansion continues to set longevity records, there are risks that can be managed by adding new investment grade sectors that are historically less volatile during economic downturns. In this session, two corporate Treasurers discuss strategies for diversifying and protecting corporate operating funds at this stage of the economic cycle. Learn strategies for managing cash funds in a high growth, cashflow positive technology company, best practices and governance related to changing guidelines, and managing through stringent SEC regulations.

Speaker(s)

Nicholas Zaiko, Principal, Bridgebay Financial, Inc.

Ivan Troufanov, VP, Treasurer, Celonis

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: MAS

Aligning Investment Strategy with Your Company's Operations

As organizations build or transform their investment guidelines, treasury technology stack and treasury organizations they must minimize risk, maintain liquidity and maximize yield while also ensuring they can meet specific business operational needs. MGM Resorts, American Honda and ICD do a deep dive into their short-term investment objectives, technologies and operational behavior and how it’s tied into the needs of their respective businesses. Speakers share their investment guidelines and vehicles (including Prime MMFs), the compliance rules utilized to adhere to those guidelines and the reporting involved to prove good investment behavior to leadership.

Speaker(s)

Kimberly Kelly-Lippert, CTP, Manager, Treasury Operations, American Honda Motor Company

Ryan Seghesio, CTP, Vice President, Chief Financial Officer & Treasurer, California ISO

Sebastian Ramos, EVP, Global Trading & Products, ICD Portal

Tom Wolfe, CFA, Vice President, Treasury, MGM Resorts International

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: BMO

Change the Status Quo: Re-Think Your Credit Facility Size

Refinancing your credit facility can be a burdensome process for any treasury department. As a result, there is more priority placed on building a hefty rainy-day fund and less emphasis on the size of the revolver and bank group size. Evaluating data from over 10 years to assess its credit facility, Kansas City Southern (KCS) decreased their facility by 25% and saved $1.5 million. Through KCS’s process, learn how your company can test its credit facility size while trimming your bank group without burning any bridges.

Speaker(s)

Rafael Andrade, CTP, Treasury Director, Kansas City Southern

KC Clark, Director, Global Industrials Group, Corporate Banking, Citi

Credits

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD

Treasury’s Critical Role in Achieving Environmental, Social & Governance Commitments

Companies have set ambitious sustainability commitments. Progressive treasury teams recognize that finance and investments are a critical piece in achieving their firms’ sustainability goals. Proactive action on such issues can help treasury teams get ahead of competitive and regulatory pressures on environmental and social topics. Innovative financing solutions play a critical role in meeting these commitments while also giving companies access to preferential pricing as sustainability performance improves. In this session, we will hear from how leading treasury teams see sustainability issues shaping trade finance, corporate cash management, financing and investor relations.

Speaker(s)

Matthew Allen, VP & Asst Treasurer, Walmart Inc.

Credits

CTP/CCM Credits: TBD
FP&A Credits: TBD
CPE Credits: TBD
CPE Field of Study: TBD

BBB or Not BBB, That is the Question...and Other Investment Policy Predicaments

The definitive Shakespearean soliloquy on life and death is transmuted into a slightly less morbid yet deeply profound question for corporate cash investors: should BBB investments exist in a corporate cash portfolio? With more than 50% of S&P 500 companies rated BBB or lower, corporate investors need to understand the implications of excluding BBB-rated investments from their investment policies. Hear from three market participants: a strategist, a specialist, and a generalist, in a session designed to ensure attendees can navigate this critical investment decision.  

Speaker(s)

Zeke Loretto, Senior Director Investments/Treasury, nVidia

Gregory Hamilton, CTP, Assistant Treasurer, Global Cash & Inv., Bechtel Corporation

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: MAS

Managing the Hidden Risks in Cash Portfolios

Monitoring interest rate trends and following traditional best practices in credit and risk management are necessary but no longer sufficient. In today’s dynamic corporate cash management environment treasury professionals must also prepare for hidden risks. In this session arm yourself with actionable information on how to plan for and manage emerging risks in the new cash management landscape. Real-world examples from Capital Advisors Group, Regeneron Pharmaceuticals, Toyota Financial Services, and American Honda Motor Company help attendees understand where to look for hidden risks and how to manage them.

Speaker(s)

Raymond Facinelli, Executive Vice President, Capital Advisors Group

Kimberly Kelly-Lippert, CTP, Manager, Treasury Operations, American Honda Motor Company

Nicholas Ro, National Manager, Toyota Financial Services

Leonard Brooks, CTP, Vice President, Treasurer, Regeneron Pharmaceuticals, Inc.

Credits

CTP/CCM Credits: 1.2
FP&A Credits: 1.2
CPE Credits: 1.2
CPE Field of Study: MAS