Hans Janssens, head of treasury and securities services in Japan for J.P. Morgan takes a reassuringly down-to-earth view of the role of cash management in the banking system.
“You could argue that cash management is like the plumbing supporting economic activity,” he said. “Without efficient plumbing, liquidity cannot flow the way it needs to. It is about the nuts and bolts, but is also very, very important.”
“In fact, it’s critical,” he added.
Cash management services help companies make and collect payments and manage liquidity on both a domestic basis, and in cross-border transactions. Apart from payroll payments, these transactions may also include mundane,...
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