Mayfair

3/3 you might end up in much more trouble than you were if you had positioned yourself a bit more conservatively for this.” #softlanding #uncertainty #cfo

2/3 I think you’re supposed to assume that things do get worse, and then hope for a soft landing. But you need to be prepared, because if you’re not prepared...

1/3 Mayfair’s Munish Chopra was featured today by @Forbes regarding the uncertainty ahead in 2024. His advice to business CFOs? “… [From] a CFO perspective or from a business perspective, assuming there’s a soft landing is probably a risky move... forbes.com/sites/cfo/2024…

As we move into another year full of unknowns, we're taking a breather to look back on what we've been able to develop in such a short period of time, thanks to a great team and great customers. #yearinreview #cashmanagement #Fintech getmayfair.com/news/2023-year…

If you have multiple admins attached to your account, you can now establish company-wide control rules requiring a second approval for any outbound transfers meeting certain criteria. getmayfair.com/news/feature-u…

2/2 While we rarely pay much attention to forecasts, what is worth noting is that today they differ much more than usual. Avoid price and duration risk, stay liquid, and let the opportunity come your way. #volatility #liquidity #riskmanagement

1/2 As we've discussed for the past year, volatility and uncertainty tend to correlate when it comes to the economy. economist.com/finance-and-ec…

2/2 None of this is the case today. #SoftLanding #Recession #TreasuryManagement getmayfair.com/news/dont-bet-…

1/2 Despite hearing plenty about “soft landings,” the reality is there has only been one actual soft landing in the US over the past 43 years. It was the mid-1990s, when the Cold War was ending, the Federal budget was in surplus, and globalization was on the upswing.

We've enjoyed working with Treasury Prime and Third Coast Bank, SSB as we continue to build for businesses looking to intelligently manage their cash. #cashmanagement #security #treasurymanagement

"Mayfair worked with Third Coast Bank, SSB and Treasury Prime to craft a robust Know Your Customer (KYC) identity verification program. To date, they have had zero instances of fraud on the platform." treasuryprime.com/blog/embedded-…

2/2 Similarly, administrators can use this feature to ensure that account fees, e.g, wire fees, are not deducted from accounts designated for other purposes.

1/2 The new designated account feature is built for customers who prefer to keep yield earned separate for accounting purposes, or need to because they must keep earned yield separate, e.g. for security deposits or grant monies. getmayfair.com/news/feature-u…

"Today’s global bond bear market stands out not only for its magnitude and pace, but also for the synchronicity with which it is affecting holders of government bonds in different markets." #bonds #70s #bearmarket ft.com/content/06f851…

‍Mayfair’s banks now support DACAs, which are tri-party agreements among a borrower, a lender, and a bank. getmayfair.com/news/feature-u…

3/3 (cont'd) indexation has caused huge market concentration not seen since the “Nifty Fifty” of the 60s and 70s. As we're fond of saying: cash is king. That's going to be the case for the foreseeable future as liquidity continues to dry up.

2/3 Apollo manages over $630bn in assets, and they're seeing three trends as volatility drivers: market liquidity is way down, possibly at 10% of 2008 levels; banks are increasingly hamstrung and sidelined by new regulatory requirements; and (cont'd)

1/3 In last week’s Apollo Global Management, Inc. Q3 earnings call, Apollo co-founder Mark Rowan joined the chorus in anticipating further market turbulence: "We should expect a more volatile, less liquid world in public markets." event.choruscall.com/mediaframe/web…

Mayfair can now connect to your other financial solutions via @Plaid, the same secure partner we use to connect to over 12,000 banks. getmayfair.com/news/feature-i…

2/2 The 30-year Treasury sold in May 2020 now trades at only 45 cents on the dollar ... this type of volatility does not constitute a normal market—it is a warning sign. #treasury #bonds #volatility getmayfair.com/news/treasury-…

1/2 It is difficult to impart just how unusual the bond market’s volatility during the third quarter of 2023 was.