NOVEMBER 16, 2015 - DFS Group (DFS), the world’s leading luxury travel retailer, was awarded ‘Best in Class Benchmarking’ at the Adam Smith Asia Awards 2015, held in Singapore on November 12. The awards, hosted by TreasuryToday Asia, recognize the best corporates across the Asia Pacific region for their excellence and achievement in the corporate treasury space.
In accepting the award, DFS acknowledged the strong partnership of Thomson Reuters, who provides DFS with a primary platform for market neutral benchmarking across key aspects of the company’s treasury management activities.
“We are delighted to be recognized at this year’s Adam Smith Asia Awards,” said Kenneth Ng, Director and Corporate Treasurer at DFS Group, Asia Pacific. “With our large operational scale in Asia Pacific, our aim is to constantly improve operational efficiencies, costs and performance through benchmarking. Having a window into the markets and knowing exactly how to position our company is crucial.”
“Thomson Reuters is honored to be a trusted partner to DFS Group, supporting the company’s corporate treasury needs in Asia Pacific. Our combination of corporate treasury services and solutions are designed to help clients drive down risk and cost while giving them the tools to simplify processes and power growth opportunities,” said Sanjeev Chatrath, Managing Director, Finance & Risk, Asia Pacific at Thomson Reuters.