Treasury Today features a piece entitled, "Bank Interview: Hugo Parry-Wingfield, HSBC Global Asset Management" that says, "Liquidity management remains a challenging area for corporates, particularly with the low interest rate environment, incoming regulatory change and new risks emerging. With this magnitude of change it is prudent to review investment policies and processes in order to ensure they properly manage risk, according to Hugo Parry-Wingfield, Investment Director, HSBC Global Asset Management." The interview asks, "Why is liquidity a key area of focus for HSBC?" Parry-Wingfield answers, "Liquidity is the lifeblood of any company, and its management has consistently topped the corporate treasurer's agenda over the past five years, both from a risk as well as a utility perspective. In order to protect their company's business, treasurers need to know where their cash is and how quickly they can access it. They need both visibility and control. HSBC is responding to our clients' key requirement for effective liquidity management, by servicing them across all the markets we are present in, and providing a range of services to support their liquidity management activities. This core competency stretches across the whole Group, including HSBC Global Asset Management."