Making Better Decisions – A Treasurer’s Perspective

Making Better Decisions – A Treasurer’s Perspective
Aon Insights Series UK

04 of 11

This insight is part 04 of 11 in this Collection.

May 31, 2024 2 mins

Making Better Decisions – A Treasurer’s Perspective

Our panel discussion looked at the issues facing corporate treasurers and how they have become more complex and interconnected.

The issues facing corporate treasurers have only become more complex and interconnected. Issues including disrupted supply chains caused by geopolitical unrest and an increasingly volatile currency market have made the cost of risk a line item that not just treasurers — but the entire board — are focusing on.

While the core function of a treasurer has been to focus on managing costs and risks, over the last few years the list of responsibilities has lengthened to include supporting businesses with their growth and transformation strategies.

Quote icon

One of the great things about being a treasurer is the vast array of interesting challenges that we get thrown at us on a day-to-day basis.

James Paterson
Group Treasurer - Mondi Group

Crucial to these increased responsibilities is access to high-quality, actionable data and analytics. The ability to make use of timely and accurate data sets is invaluable to treasurers as they make forecasts and manage the flow of capital.

However, in an increasingly complex and volatile world, the old way of modelling and forecasting is no longer enough to help business leaders make better decisions. At Aon, we are working hard to bring new innovative solutions that address an organisation’s risk and people challenges. Central to this is the use of predictive analytics, not just looking back in time but going forward, to deliver new insights and unlock access to new forms of capital.

Quote icon

The volatility we see in this space [interest rates and markets] is much more difficult to manage.

Alison Straszewski
Group Treasurer – TSB Bank

The insights shared by the treasurers on our panel at Aon Insights Series UK highlight the importance of actionable insights in making decisions that protect and grow their organisations.

Treasurers deal with both speculative risk — risk with a downside and upside — and non-speculative risk — risk with a downside only, such as insurance — during the course of their activities. It was agreed that unlike speculative financial markets, insurance markets are different as they are “imperfect” and require more detailed engagement to produce accurate prices for particular risks. Treasurers are getting more involved in this engagement process as they assist their organisations in sourcing alternative, or contingent, capital to support their earnings volatility and balance sheet.

Article by
  • Jason Disborough
    CEO of Multinational Clients (International), Enterprise Client Leader, Aon

Aon's Better Being Podcast

Our Better Being podcast series, hosted by Aon Chief Wellbeing Officer Rachel Fellowes, explores wellbeing strategies and resilience. This season we cover human sustainability, kindness in the workplace, how to measure wellbeing, managing grief and more.

Aon Insights Series Asia

Expert Views on Today's Risk Capital and Human Capital Issues

Aon Insights Series Pacific

Expert Views on Today's Risk Capital and Human Capital Issues

Aon Insights Series UK

Expert Views on Today's Risk Capital and Human Capital Issues

Construction and Infrastructure

The construction industry is under pressure from interconnected risks and notable macroeconomic developments. Learn how your organization can benefit from construction insurance and risk management.

Cyber Labs

Stay in the loop on today's most pressing cyber security matters.

Cyber Resilience

Our Cyber Resilience collection gives you access to Aon’s latest insights on the evolving landscape of cyber threats and risk mitigation measures. Reach out to our experts to discuss how to make the right decisions to strengthen your organization’s cyber resilience.

Employee Wellbeing

Our Employee Wellbeing collection gives you access to the latest insights from Aon's human capital team. You can also reach out to the team at any time for assistance with your employee wellbeing needs.

Environmental, Social and Governance Insights

Explore Aon's latest environmental social and governance (ESG) insights.

Q4 2023 Global Insurance Market Insights

Our Global Insurance Market Insights highlight insurance market trends across pricing, capacity, underwriting, limits, deductibles and coverages.

Regional Results

How do the top risks on business leaders’ minds differ by region and how can these risks be mitigated? Explore the regional results to learn more.

Human Capital Analytics

Our Human Capital Analytics collection gives you access to the latest insights from Aon's human capital team. Contact us to learn how Aon’s analytics capabilities helps organizations make better workforce decisions.

Insights for HR

Explore our hand-picked insights for human resources professionals.

Workforce

Our Workforce Collection provides access to the latest insights from Aon’s Human Capital team on topics ranging from health and benefits, retirement and talent practices. You can reach out to our team at any time to learn how we can help address emerging workforce challenges.

Mergers and Acquisitions

Our Mergers and Acquisitions (M&A) collection gives you access to the latest insights from Aon's thought leaders to help dealmakers make better decisions. Explore our latest insights and reach out to the team at any time for assistance with transaction challenges and opportunities.

Navigating Volatility

How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?

Parametric Insurance

Our Parametric Insurance Collection provides ways your organization can benefit from this simple, straightforward and fast-paying risk transfer solution. Reach out to learn how we can help you make better decisions to manage your catastrophe exposures and near-term volatility.

Pay Transparency and Equity

Our Pay Transparency and Equity collection gives you access to the latest insights from Aon's human capital team on topics ranging from pay equity to diversity, equity and inclusion. Contact us to learn how we can help your organization address these issues.

Property Risk Management

Forecasters are predicting an extremely active 2024 Atlantic hurricane season. Take measures to build resilience to mitigate risk for hurricane-prone properties.

Technology

Our Technology Collection provides access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities of technology. Reach out to the team to learn how we can help you use technology to make better decisions for the future.

Top 10 Global Risks

Trade, technology, weather and workforce stability are the central forces in today’s risk landscape.

Trade

Our Trade Collection gives you access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities for international business. Reach out to our team to understand how to make better decisions around macro trends and why they matter to businesses.

Weather

With a changing climate, organizations in all sectors will need to protect their people and physical assets, reduce their carbon footprint, and invest in new solutions to thrive. Our Weather Collection provides you with critical insights to be prepared.

Workforce Resilience

Our Workforce Resilience collection gives you access to the latest insights from Aon's Human Capital team. You can reach out to the team at any time for questions about how we can assess gaps and help build a more resilience workforce.

More Like This

View All