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As businesses across Europe accelerate their digital transformations, savvy corporate treasurers have a unique opportunity to secure enriched data insights, which could enable treasury functions to become operationally and financially fitter.
The stable track record of SDD changed in March and April 2020 since several countries announced widespread lockdowns and economic activities in the majority of sectors had to be halted. For the first time in years, in April 2020 the number of executed SDD transactions decreased.
HSBC’s GLCM forum held in Dublin, highlighted the ways in which treasurers are transforming their departments to conform to the efficiencies presented by Treasury 4.0.
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