Global Custodian Spring 2020 | Page 64

[ M A R K E T R E V I E W | T R E A S U R Y O P E R AT I O N S ] FUND MANAGERS BEGIN TO SEE REVENUE GENERATION POTENTIAL IN TREASURY OPERATIONS As effective cash management becomes increasingly critical to the operations of fund managers in light of new rules such as EMIR and bilateral margining of OTCs, more firms are beginning to build up their in- house treasury operations, finds Charles Gubert. 64 Global Custodian Spring 2020