Case Study: Real end-to-end STP at RWE AG

We ask André Scipio, Manager Front Office, and Christoph Waldvogel, Manager Treasury Operations, about real end-to-end STP at RWE AG.

First Published: e-Forex Magazine 21 / Case Study / October, 2005

e-Forex talks with André Scipio, Manager Group Treasury, and Christoph Waldvogel, Project Manager TREMA Suite, at RWE AG about electronic in-house banking and real end-to-end STP.Gentlemen, can you tell us a little about your company structure and treasury opera-tions?A.S.: RWE AG is a leading international multi-utility group with 7 operating compa-nies and € 37bn of external revenues in 2004. Several hundred subsidiaries with business activities in the UK, the USA, central and east Europe and of course mainly Germany require a very diverse risk and liquidity management controlled by the Group Center. Our central group treasury located in Germany provides in-house banking services to our domestic and global subsidiaries. This includes centralized FX execution, cash pooling supervisory, internal and external group financing, as well as liquidity planning.C.W.: At RWE AG we are continuously reviewing all treasury processes in order to find the optimal set up in terms of process efficiency, cost and...continued

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