![Page 1: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/1.jpg)
DATA DIGEST
The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic RecoveryFinancing the Fragile Economic Recovery
![Page 2: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/2.jpg)
25
15
15
25
25
25
25
2020
10
10
10
75
We surveyed 300 corporate treasury and finance executives about how they are traversing new risks and growth opportunities
EIU Report 2015: Participants
Consumer goods
13%Financial services
11%Construction & real estate
8%Retail6%
Healthcare, pharmaceuticals & biotechnology
5%Transport, travel & tourism
5%
LocationsSectors included
![Page 3: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/3.jpg)
Currency, regulatory and inflation risks, and sluggish growth are the biggest worries
Other concerns: Currency risk 38% Regulatory risk 36% Inflation risk 32%
growth was their main concern
59% of respondents said sluggish
weak recovery is seen as
the new normal
With real GDP growth in the
28 EU countries at just 1.4% in 2014
EIU Report 2015: Concerns
Many treasurers said they view all of these risks as an “inherent part of doing business”
![Page 4: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/4.jpg)
What are executives spending most of their time on and how do their views on different regulations stack up?
2/3spend a very or fairly large
amount of time on regulatory compliance but this is generally positive
Is this time well spent?
75%of EMEA
respondents say “yes” for the Payment
Services Directive
76%of EMEA
respondents think time spent on
EMIR is worth it
70%of American
respondents think time implementing Dodd-Frank is well spent
16%of all respondents
believe Solvency II is worth the time and
costs of implementation
EIU Report 2015: Activities
“If [increased regulation] means the industry becomes more disciplined and takes more care of the risks we have, then on the
whole that is a good thing” Richard Garry, Group Treasurer, IMI plc
![Page 5: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/5.jpg)
Treasury departments are struggling to meet KPIs
How are roles changing?
BUTsay leadership teams are increasingly consulting
them on strategy
73%don’t think their treasury
departments have the time or resources to fulfil these new responsibilities
56%
EIU Report 2015: Roles and responsibilities
“I haven’t heard many [treasurers] say they are getting more staff or budget” David Blair, Managing Director, Acarate
do not feel equipped to achieve a lowcost of financing
73%do not have the time and
resources for effective risk management
do not have the time and resources to build good relationships with banks
72%78%
![Page 6: DATA DIGEST The Economist Intelligence Unit Report 2015 - … · 2020-04-25 · The Economist Intelligence Unit Report 2015 - Financing the Fragile Economic Recovery. 25 15 15 25](https://reader036.vdocuments.net/reader036/viewer/2022062505/5ee06bf7ad6a402d666b9bf9/html5/thumbnails/6.jpg)
Technology is helping to improve:
EIU Report 2015: Technology
57%53%
34%
Decision-making
Data quality
Cost-cutting
61%It’s not a big enough priority
66%
Think it will reduce reliance on banks
Some companies think partnering is risky
62%
But for some...
But...
Partnering with FinTech firms is a big talking point
Investment in technologywithin treasury departments
is expected to continue forthe next 12–24 months
1/3 of respondents expect to make heavy
investments in technology