OpusCapita Express December 2009

A forum for netting

As one of the few independent agents on the market, OpusCapita arranged a seminar on netting that was held on 19 October. Discussions highlighted the continuing vital importance and relevance of netting today, as well the industry's need for a forum.

“There’s no doubt at all that netting is still an incredibly important part of the cash management processes of large companies. No-one would even contemplate moving away from netting,” says Christer Magnefelt at OpusCapita Scandinavia, moderator at the seminar.
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Focus on cash and liquidity in Oslo

express4en_oslo_main (oslo_main_kfgv.jpg)The morning seminar arranged by OpusCapita and Management Events Studio offered both academic theory and practical advice on cash management.

In the introduction, Professor Paul Ehling from BI Norwegian School of Management presented his study and thoughts on the topic ‘Cash As a Hedge’. For companies with growth potential and financial constraints and that cannot expect to receive enough cash flow when investment opportunities arise, it makes sense to put the cash in a bank account – using cash as a hedge. ‘For pretty much all other types of companies, using cash as a hedge would not be a good idea. It is better to repay your debt or issue dividends to your shareholders,’ he stated, referring to the results of his studies among Norwegian companies.
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Guaranteed service level with SLA

Happily enough, the vast majority of OpusCapita’s users rarely have cause to contact customer support. But the demand for service guarantees has increased in recent times. Which is why OpusCapita will soon be launching the Service Level Agreement (SLA) – a concept that guarantees customers a particular level of service with the flexibility they need.
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New OpusCapita perfectly at home in Windows 7 environment

OpusCapita 2009 Release 3, the solution's newest version, is fully compatible with Microsoft's new Windows 7 operating system. OpusCapita provides full user support for the operation of all related applications in the Windows 7 environment.
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Christmas

New ideas and networking

In response to the need to identify new solutions to treasury challenges, OpusCapita recently arranged a round table discussion with a select group of treasury representatives from major companies. The discussion sought to tackle a hot development topic, netting. You can read about this event and its results in this issue of OpusCapita Express. Since the spontaneous feedback (“I took several good ideas back to the office!” and “This was a really useful opportunity to network and see how others solve these problems.”) was encouraging, more workshops are sure to be forthcoming next year.

With 2009 soon coming to an end, we can look back on a demanding and interesting year. The turbulent business world has been characterised by a pervasive focus on Treasury processes, working methods and tools. Before turning the page to the year 2010, I would like to take this opportunity to wish you all a joyful Christmas holiday!


Mona Henriksson
Director Scandinavia
OpusCapita