The Value of an Integrated Approach to Liquidity and Risk
With a sophisticated financial services sector underpinned by a well-developed regulatory and legal framework, burgeoning corporate sector and a stable economy, South Africa continues to be an attractive destination for both domestic and foreign banks, non-bank financial institutions (NBFIs) and corporations. However, with increasing competition, an evolving regulatory environment, structural constraints that threaten growth, and complex, volatile world markets, these organisations are placing a far greater emphasis on sophisticated liquidity and risk management capabilities than ever before.
Adopting best-in-class financial technology is an important priority for banks, NBFIs and corporations in South Africa
Adopting best-in-class financial technology is becoming an increasingly important priority for banks, NBFIs and corporations headquartered or operating in South Africa, with a view to optimising operational efficiency and controls, strengthening compliance, and enhancing risk management. In some cases, these organisations are replacing existing legacy systems whereas others, particularly smaller or newly emerging players, are implementing these solutions for the first time. One of the difficulties for organisations embarking on either new or replacement financial technology projects is how to support the often quite distinct requirements for both efficient, automated treasury management capabilities and sophisticated asset and liability management (ALM) tools.