CASE STUDY: From restriction to innovation: how Allseas reinvented liquidity and FX management in Brazil

How do you manage liquidity and FX risk in a market where the local currency cannot be held offshore and cross-border transactions require extensive documentation?

Join Maaike Vermeulen, Group Treasurer of Allseas, the Dutch-Swiss global offshore energy contractor, as she shares how the company worked with Deutsche Bank to develop an award-winning, highly automated treasury solution supporting the Búzios-10 project for Petrobras, one of the largest offshore pipeline installation projects in Allseas’ history. Through a single integrated instruction, Allseas and Deutsche Bank streamlined intercompany funding and repayments, supplier payments, onshore FX conversions and corresponding offshore hedging. The solution reduces operational complexity, improves liquidity flexibility and increases cost transparency, while requiring limited internal treasury resources.

Discover how close collaboration between corporate treasury and its banking partner can turn the challenges of a restricted market into an efficient and scalable model with relevance far beyond Brazil.