Thomas Seidel, Vice President, Treasury Markets at Munich-based Infineon Technologies, talks about the impact of automation and e-trading in the treasury department.
Thomas Seidel, Vice President, Treasury Markets at Munich-based Infineon Technologies, talks about the impact of automation and e-trading in the treasury department.

STP & Automation at Infineon Technologies

Thomas Seidel, VP, treasury markets at Munich-based Infineon Technologies, talks about the impact of automation and e-trading in the treasury department.

First Published: e-Forex Magazine 15 / Case Study / July, 2004

Thomas, you’ve recently undertaken work to integrate and automate your treasury operations with a view to providing improved STP for your group treasury business. What factors played a role in that decision?The central Treasury function within Infineon Technologies is staffed very lean and for that reason we were looking for automation processes for the daily flow business in the past. We started using 360T, a multi bank dealing platform, in the second half of 2002. From the start we also used their internal dealing system I-TEX which offered our entities the same dealing functionalities which we used with the external trading system TEX from 360T.How does centralising a treasury assist you with your job function?Centralized treasury departments are a customised approach used by many corporates nowadays. Infineon Technologies started with a centralized treasury department from the very beginning. The advantages are commonly recognized; only one face to the banks, possibility to net different currency...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here