1、Understanding centralized trading centers in the post-Covid environmentTable of contents1.Introduction 32.What are centralized trading centers(CTC)?4 Why CTCs and what they are addressing?4 Benefits of CTCs 6 Operating models to consider with CTCs 83.History of setting up CTCs 11 Impact of global ta
2、x policy on CTCs 11 The world post-Covid is going digital 11 CTC location considerations:What modern CTC function needs to look like 134.Client case study 14 Leading technology company 145.Establishing a CTC 16 Governance(transfer pricing policy,exchange rate policy,invoicing policy)17 Locations in
3、Europe 18 New technology innovations that can help CTCs 196.Next steps 217.Summary 2323UNDERSTANDING CENTRALIZED TRADING CENTERS IN THE POST-COVID ENVIRONMENT1.IntroductionThe Covid-19 pandemic has forced many global corporates to re-think their organizational structure to improve efficiency,reduce
4、costs,mitigate supply chain risks and enhance flexibility when it comes to reacting quickly to external shocks.As part of treasury transformation efforts,centralization structures are something that many corporates are considering optimizing to help simplify both business and treasury functions and,
5、thereby,maintain competitiveness in the current market environment.Centralized trading centers(CTC)are organizational structures that unite functional activities in one central hub location,streamlining business functions,leveraging larger economies of scale and allowing companies to scale without l
6、osing control.Europe is home to many large multinational corporates and is one of the early adopters of innovative organizational structures.It has also been an attractive location to set up centralized trading centers due to its access to a large pool of talent,capital markets,stable economic infra