A combination of dynamic and powerful forces including cyber risk, ever-accelerating technological advances, regulatory complexity, natural and human-made catastrophes, and globalization of the supply chain confronts manufacturers more than at any other point in history. To respond to this continually evolving array of risks, executives need robust tools and fresh insights to support their understanding of the risk landscape, as well as to accurately assess the sophistication, effectiveness, and maturity of their risk management programs.
Shared services have gained in popularity within the past few decades for a reason: economies of scale dictate that in a global marketplace, back-office synergies can be gained in-house and across borders and continents.
Finance, Treasury, Investments & Capital Markets, Global Economy, Money & Finance, Government Finance
In a recently published paper I took stock of what might constitute a viable, integrated capital market in Europe. This follows the European Commission’s recently proposed “capital markets union” (CMU).