A Beginner’s Guide to the Automation Game Automation offers treasurers a chance to make processes more efficient, save time and money, and enhance controls around cash management. For those just embarking on such a journey, understanding where to start and defining the goals is essential for a successful outcome. In today’s rapidly evolving financial landscape, […]
Liquidity remains top of the agenda for most treasurers in APAC.
The Future of Treasury Technology Technology has played a key role in shaping corporate treasury over the past few decades, but the best is yet to come. Bank of America’s Dhiraj Bajaj, Head of Financial Institutions and Non-Bank Financial Institutions Sales, Asia Pacific, Global Transaction Services, and Chandana Thanthrige, Head of Financial Institutions and Transactional […]
Navigating Sustainability Standards and Regs Sustainability in treasury can be tackled in a number of ways – and standards are slowly emerging to steer participants in the right direction. Do these help or just create more work, and is the pace of development too slow? TMI explores the current state of play in the field […]
Interactions between treasury and procurement spiked during the Covid-19 pandemic, as both departments dealt with the emergency that global lockdowns triggered for corporate supply chains. As we move into the next stage of managing the crisis, strengthening engagement between the two departments offers efficiency opportunities for team members and the wider organisation. While they tend […]
Real-time technologies are not intended as stand-alone tools, they require an ecosystem of complementary processes and systems to really reap their benefits. TMI seeks best practice guidance from Bank of America experts, Aziz Parvez, Head of Corporate Treasury Sales, Asia Pacific, Global Transaction Services, Sunil Bhatia, Head of Payments and Bank Transformation, Asia Pacific, Global […]
The Best and the Brightest of 2021 2021 was arguably one of the most innovative years on record in the world of corporate treasury, based on the standard of entries to the TMI Corporate Recognition Awards. Here, we present a brief overview of the winning projects – which cannot possibly do justice to the magnitude […]
Showcasing the 2021 Award Winners The nominations for TMI’s 2021 Awards for Innovation and Excellence were not only more numerous than ever, but also pushed the boundaries of corporate treasury development further than ever before. All of the bank, technology vendor and fintech winners have created solutions that respond to real needs – present and […]
Bank of America’s intelligent innovations give treasurers a clear view ahead Any initiative that makes a treasurer’s working day easier is welcomed by the community. So, it comes as no surprise to see Bank of America scoop two of TMI’s coveted Technology & Innovation Awards in 2021 for its mobile app and forecasting developments, while […]
Since the first APIs started appearing in the bank-to-treasury space a few years ago, driven in part by the open banking revolution, there has been much talk of their transformational power. We consider the reality behind the claim, exploring the possibilities and the limitations. The promise of system flexibility, agility, and scalability is a potent […]
The phrase ‘legacy technology’ may invoke images of ancient and unstable IT systems that must be replaced as soon as possible. But is this always the case, and how easy is it to move away from such systems? We sought views from a number of specialists. Although the notion of ‘legacy technology’ makes for a […]
A Turning Point for Treasury For environmental, social and governance (ESG) initiatives to become part of the day-to-day activities of the business community, it will take continued strong leadership and guidance. In the final instalment of this three-part series, Bank of America experts use real-world examples to explore the future of sustainable practice, offering insights […]
Machine learning is often seen as the panacea for all modern business challenges. However, while it can be a very useful ally, it won’t fix everything – treasurers will still need to make judgment calls. In the company of seasoned experts, TMI explores the reality underpinning this much-discussed technology. The current level of conversation around […]
Practical Treasury Applications Environmental, social, and corporate governance (ESG) is rapidly becoming a cornerstone of modern business – and a driver of value creation. In the second of this three-part series, experts drawn from Bank of America’s trade, liquidity and digitalisation teams tackle the practical application of ESG into treasury and the wider organisation. When […]
Without effective forecasting, companies are essentially flying blind into the future. We look at the role of new technology evolving to help tackle this challenge. While much of the finance function has digitised in recent years it’s fair to assume that most cash forecasting activity, even in very large corporates, is still spreadsheet-based. The spreadsheet […]
With ‘sustainability’ being today’s buzzword, there has never been a better time to clear up the misconceptions about environmental, social and governance (ESG) measures, not least among the treasury community. In the first of a three-part series on this increasingly important topic, experts from Bank of America tackle the myths and mysteries head on, offering […]
As a resource, data has been described as ‘the new oil’. But as with oil, something has to happen to it to make it useful. For treasurers, data analytics is a discipline that can no longer be left to the IT team. We explore the reasons why. The numbers related to data production are mind-boggling. […]
