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A SWIFT Approach to Cash & Trade, TMI Magazine, TMI 170
The enforced switch to remote working and virtual treasury operations has increased the incentive for treasurers to move forward with their digitisation journeys. Karen Braithwaite, Global Head of Transaction Banking, Corporate Banking at Barclays, shares informed insight on how treasury departments can reach the next level.
As the treasurer's role looks to become more strategic in the midst of a digital future, co-creation between banks and corporates could provide a simpler path to embracing digital treasury innovation and leveraging leading-edge developments.
Data from a recent HSBC survey titled 'Fit for the future: monitoring transformation to Treasury 4.0' suggests that many treasury and finance professionals believe that Industry 4.0 will be predominantly data-driven, combining the skills of treasury teams and emerging technologies to execute a successful treasury transformation.
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