Corporate Liquidity · Money Markets · Central Bank Policy
Independent research on corporate liquidity, money markets, and central bank policy.
Treasync is the research platform of David Vargas — a Certified Treasury Professional working in corporate treasury and liquidity management, writing on short-term investment, money markets, and the policy that moves them.
- Ferrovial
- Santander CIB
- CTPAFP
- VIUMSc AI
Five research pillars
Analysis is organised around the disciplines where corporate treasury, regulation, and technology converge.
Corporate Liquidity & Short-Term Investment
Managing corporate surplus cash and short-term funding — money-market instruments, commercial paper (ECP), and disciplined counterparty and credit selection.
Cash Management & Payments
How corporate cash actually moves — cross-border payments, bank relationships, and the rails behind them: SWIFT MT/MX, SEPA, BACS and CHAPS.
Macroeconomic Outlook & Central Bank Policy
How central-bank policy and rate moves from the ECB, BoE and Fed feed through to corporate funding costs, money-market yields, and liquidity strategy.
Bank Liquidity Management
The regulatory machinery that shapes bank balance sheets and, in turn, corporate deposits and credit — Basel III/IV, the LCR and the NSFR.
Treasury Technology & Innovation
The technology reshaping the treasury function — automation, data pipelines, and AI applied to cash forecasting, reporting, and decision support.
Latest analysis
View all research →The ECB Holds: What a Pause at 2.25% Means for Corporate Cash
The ECB left its key rates unchanged at its July meeting, holding the deposit facility rate at 2.25% after June's hike. A treasury-desk read on what a deliberate pause means for corporate liquidity, short-term investment, and bank deposit pricing.
Read analysisPutting Surplus Cash to Work: A Short-Term Investment Framework
Idle corporate cash is a cost, not a comfort. A practitioner's framework for investing short-term surplus liquidity — instrument selection, counterparty limits, and the order in which security, liquidity, and yield actually matter.
Read analysisThe Rails Beneath Corporate Cash: SWIFT, SEPA, BACS and CHAPS
A corporate payment is only as good as the rail it rides. A working guide to how cross-border and domestic cash actually moves — SWIFT MT/MX, SEPA, BACS and CHAPS — and how a treasury chooses between them.
Read analysis