Globalisation: External Forces Driving Corporate Growth and Expansion

by Patricia Hines, December 8, 2016
Industry Trends
Global

Abstract

Celent has released a new report titled Globalisation: External Forces Driving Corporate Growth and Expansion. The report was written by Patricia Hines, a Senior Analyst with Celent’s Banking practice.

This report is the sixth in a series of eight commissioned by HSBC to identify and assess the key external forces that are having an impact on corporate treasury. This report discusses four external forces providing opportunities for corporate growth and expansion as an outgrowth of globalization: economic uncertainty, geopolitical conditions, regulatory environment, and technology evolution.

Treasury plays an important role in a corporation’s globalisation efforts, especially in the areas of cash management, banking, foreign exchange risk, and investments. It must address challenges with managing liquidity distributed across markets, currencies, and businesses, especially the need to keep up with regional liquidity nuances and regulatory issues. Key banking partners act as trusted advisors to globally active companies in times of uncertainly and volatility. Universal banks leverage their global network to support clients across regions to ensure a consistent approach, cash management infrastructure, and customer experience.

“To successfully take advantage of opportunities arising from globalization, firms must understand critical factors affecting growth prospects, regional differences, and business models,” commented Hines.

“Universal banks understand geographic differences and nuances, and are in a unique position to advise firms seeking to expand their businesses globally,” Hines added.

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

Introduction

1

 

Key Research Questions

1

External Forces Driving Corporate Growth and Expansion

3

 

Economic Uncertainty

3

 

Geopolitical Climate

4

 

Regulatory Environment

4

 

Technology Evolution

5

Challenges of Global Expansion

7

 

Bank Relationship Management

7

 

Liquidity and Cash Management

7

 

Risk Mitigation

8

Bank Practices for Global Expansion

9

 

Treasury Transformation

9

 

Collaborating with Banking Partners

11

The Path Forward

13

About Our Research

14

 

Using Seasoned Professionals

14

 

An Unparalleled Network

14

 

Robust Research Methodology and Independence

14

Related Celent Research

15

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