Auckland Council Wins 2013 gtnews Awards for Global Corporate Treasury and Finance

  Auckland Council Wins 2013 gtnews Awards for Global Corporate Treasury and

  PR Newswire

  LONDON, July 12, 2013

- gtnews announces winners in nine prestigious corporate treasury and finance

LONDON, July 12, 2013 /PRNewswire/ --The online treasury resource gtnews has
announced winners of the 2013 gtnews Awards for Global Corporate Treasury and
Finance, recognising the corporate treasurers and teams who have done the most
to contribute to the success of their organisation, wherever they are in the

The 2013 Awards attracted 71 entries from 53 companies covering 17 different
countries. Submissions ranged from large global retailers to non-profits to
municipal treasury departments, spanning nine different categories.

Topics for 2013 included a new category for financial planning and analysis,
the discipline of forecasting and scenario planning that is becoming
increasingly important to the financial success of global organisations.

A special Judges' Choice Award this year recognised an ambitious multi-year
project to manage treasury-related risks associated with the single largest
business transformation ever undertaken in New Zealand's history. The winner
was Auckland Council Treasury Funding Transformation - Auckland Council.

Winners of the 2013 gtnews Awards for Global Corporate Treasury and Finance:

1.Cash Forecasting Award: Reinventing Global Cash Flow Forecasting -
    Microsoft Corporation
2.Emerging Markets Award: Transforming the CARE International Treasury -
    CARE, a non-profit humanitarian organisation
3.Financial Planning and Analysis Award: Aligning Financial Planning to the
    FX Hedging Process to Achieve Optimised FX Variance Analysis - Brocade
    Communications Systems, Inc.
4.Funding the Organisation Award: Auckland Council Treasury Funding
    Transformation - Auckland Council, New Zealand
5.Global Treasury Award: Dynamic Layered Hedging Solution - Xerox (Ireland)
6.Payments Award: New Open Standard Architecture of Cash Management - Nokia
    Finance International
7.Risk Management Award: Risk Management with Coca-Cola Hellenic - Coca-Cola
8.Supply Chain/Trade Finance Award: Unique LC Structure for Jindal Saw -
    Jindal Saw
9.Treasury Technology Award: Implementing an All-in-one SaaS Treasury and
    Risk Management Solution - Westinghouse Electric Company

Winning entries show how corporations continue to cope with the pressures of
an increasingly globalised marketplace, uneven economic recovery, debt fears
in parts of the eurozone, tight credit conditions and new regulatory
compliance demands.

The judging panel, headed by Peter van Rood, treasurer of AkzoNobel, included
working treasury professionals from Tiffany & Co., SunGard, SABMiller plc and
Merck, among other companies, who provided real-world expertise to ensure that
the very best examples of great corporate treasury work were rewarded.

Read more about the award winning teams and highly commended entries on and look for individual case studies on .

ABOUT GTNEWSgtnews is part of the Association for Financial Professionals
(AFP), the professional society that serves over 150,000 treasury and finance
professionals worldwide. AFP is the certifying body for the Certified Treasury
Professional™ (CTP™) and Certified Corporate Financial Planning and Analysis
Professional™ (FP&A TM) credentials. Each quarter, AFP releases the AFP
Corporate Cash Indicators™, an economic bellwether. AFP also hosts the AFP
Annual Conference, one of the largest events for corporate finance
professionals in the world.

Contact: Association for Financial Professionals, David Johnson,
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