In order to monitor how today’s corporate treasury functions are preparing to transform to Treasury 4.0, HSBC commissioned a survey answered by over 200 corporate treasurers from large-scale businesses around the world. The research delved into the extent of change treasury teams expect, as well as the technology, treasury techniques, and team talent they believe will be transformative in the near future.
The financial turbulence resulting from the Covid-19 pandemic has emphasised the importance of a good treasury management system (TMS). Michael Juen, Chief Customer Officer, BELLIN, explains why personalised TMS advisory services might be just as valuable as technical capabilities.
BNP Paribas and Kantox’s partnership is testament to the growing cooperation between fintechs and banks seen over the course of 2019. This unique collaboration is a deserving winner of TMI’s 2019 Award for Solution Innovation – FX Risk, helping treasurers to improve their foreign exchange risk management processes by leveraging sophisticated technology, while strengthening their bank relationship
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.