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Evolution of Cash Management Post-Financial Crisis
The chapter delves into the evolution of cash management post the financial crisis of 2008, highlighting the impact of Lehman's collapse. It discusses the risks associated with maturity transformation in the financial market, the importance of security in financial transactions, and the focus on risk reduction through government access, security, and diversification. The conversation also touches on the challenges faced by organizations in treasury management, including managing cash in multiple currencies and dealing with time constraints and traditional solutions.