What’s new at TIPCO?

We sincerely congratulate our corporate client, Merck for winning the 2018 Treasury Today Adam Smith Award for First Class Relationship Management. It was a pleasure to be part of the treasury transformation process at Merck!

Digitalisation was one of the key issues discussed at all treasury conferences in 2017 and will be top of agendas again this year.

Our FREE YOUR DATA webinar series highlights that there is much more to this overused phrase than you might think. Five short webinars provide you an insight into various treasury application areas and include specific examples of how our clients are already benefiting from digitalisation.

Invest 30 minutes and discover how smart solutions can not only save you time but also considerably improve the quality of your outputs.

Don’t miss out!

21 February – 17:00 bis 17:30 CET
Bank Relationship Management: Check bank fees the smart way
With examples from Deutsche Post DHL Group and other projects

13 March – 17:00 to 17:30 CET
Cash Visibility: Leverage and analyse existing data – almost without limits
With examples from Bertelsmann, Dachser and Porsche Corporate Finance

10 April – 17:00 to 17:30 CEST
Cash Flow Forecasting: Plan ahead easily, automatically and intelligently
With examples from STIHL and Takata

29 May – 17:00 to 17:30 CEST
FX-Exposure & IFRS 9: Hedging and reporting at the press of a button
With examples from Rieter and other projects

19 June – 17:00 to 17:30 CEST
Treasury Processes: Ensure compliance and digitalise processes
With examples from Merck and Rieter

Register here.

With over 40 employees now in our team, we have grown so much that our offices on Margaretenstraße
are bursting at the seams. So, we have packed our things and, in a few days, will be moving to the area near
Vienna’s main railway station (Wiener Hauptbahnhof) where the Quartier Belvedere has been built over
the past three years. We are keeping the same telephone number and our IT team will ensure that all our systems are smoothly migrated. In other words, you can get hold of us just as in the past.

The new building complex is home mainly to commercial tenants and the location offers excellent infrastructure. Besides the connection to the railway network and the airport, another convincing argument behind the decision to relocate here was the chance to co-design the offices during the construction phase. Our team can look forward to numerous conference and meeting rooms, quiet 4-person offices in which to work efficiently as well as open-space areas for our extremely communicative teams and all the amenities that a new building offers. There is also a reception area for our clients and great presentation options.

GTNews is again, for the second time, organising a conference for treasury-related decision-makers in London. Having been on-board as a sponsor last year, we are delighted to be acting as the host of a round-table event at the Treasury Leaders Summit this year.

Digitisation and buzzwords such as blockchain or big data have become commonplace on the covers of Treasury magazines. The challenge is to transform marketing slogans into concrete applications and processes.

• How will Treasury be organised in the digital age?
• How can topics such as Cash flow forecasting or FX risk management best be supported by technology?
• What options exist for bridging the gap between disparate systems at HQ and local entities – and doing away with ‘spreadsheet hell’ once and for all?

We invite the roundtable participants to share their thoughts on how the transition from buzzwords to best practices will materialise and how they plan on navigating their Treasury department through the digital age.

The good news: Solutions to many of today’s challenges in Treasury are already available.

• Smart workflows take communication with subsidiaries located around the globe to a new level.
• Intelligent plausibility checks enhance the data quality of liquidity forecasts while more and more elaborate simulation functions help answering any “what if”-questions asked.
• FX risk management profits from straight-through processing from the collecting of exposure data via the calculation of risk KPIs to the system-supported creation of hedge proposals, electronic trading and comprehensive risk reporting.
• Self-service-BI offers the flexibility of spreadsheets without their inherent drawbacks.

We’re looking forward to new insights and a lively discussion!

Any company that works with highly sensitive data bears a special responsibility. That’s why we decided to set up an information security management system in 2014 which complies with the ISO/IEC 27001:2013 specifications. This standard defines strict requirements for various areas of security and is thoroughly reviewed every year. A major audit takes place every three years, the outcome of which decides whether the certificate can be awarded again. Only if the extensive action plan is complied with and regularly updated can we offer our clients the security required to be a reliable partner when dealing with sensitive financial data.

Our latest team member started his career in IT with a particular focus on informatics. During the course of his education, Dominik had the chance to get an insight into various areas of business life at TIPCO. He can now look forward to exciting issues ranging from the development of bespoke software to the installation and configuration of client and server environments. His flexible working style and many diverse interests had already impressed us during his time as an intern. Welcome on board, Dominik!

Computer games have been a top priority for Matthias since he was six years old. Even back in his early childhood, he was fascinated by the world of computers, which is why it is not surprising that he became a game developer after graduating in information technologies. As a software tester, Matthias can look forward to new challenges in a very responsible and important position at TIPCO. He has already been able to impress us with his technical skills and dedication in his first few weeks. We are delighted that he is now a key addition to our development team. Welcome on board, Matthias.

Robert taught himself programming on his Commodore 64 at the tender age of ten. From that point on, he knew what he wanted to do later. Having completed technical college, he jumped directly into the world of software development and soon discovered the programming language C# and its nearly unlimited possibilities. Today, he regards himself as a hard-core C# fan and loves tackling new challenges every day. He has been working as a programmer for 16 years and is now deploying his experience in the development of TIP, particularly his experience with financial and web-based applications. In his free time, he combines surfing with theatre and cooking, and is therefore a perfect addition to the diverse TIPCO team. We are delighted that he has decided to join us. A warm welcome, Robert!