Treasury Management Internation Logo

SunGard & CFO World Study Identifies Investment in New Technology & Risk Control as Key Focus Areas for Chinese Treasurers

Published 

A  market study conducted by SunGard and CFO World, a leading online publication for senior executives in corporate finance, has revealed that firms in China have identified investment in new technology and risk control as key focus areas for their treasury functions.  The main drivers behind these investments are cash management efficiency, financial control, as well as business growth.

Other key findings of the report include:

  • 69% said they are experiencing disparate processes and a reliance on internal treasury management systems (TMS) or host-to-host services provided by banks.
     
  • Nearly 30% of respondents indicated that they need to expand their treasury coverage to include risk management in the areas of foreign exchange, interest rate and commodities.
     
  • While the main focus of treasury services in Chinese firms is on basic transaction services in cash management, many Chinese treasurers said they are more likely to push for treasury transformation as their level of understanding of more advanced treasury solutions increases.

“As many Chinese firms are expected to place higher importance on treasury management to support business growth, basic treasury solutions can no longer meet their needs. There is a rapidly increasing appetite to achieve next generation treasury using sophisticated solutions for greater efficiency and enhanced risk management.”- Tian Maoyong, publisher and chief editor, CFO World

“SunGard is well-positioned to meet the needs of the industry by providing high-quality and reliable treasury solutions that assist executives in improving their business. Although slow to develop, we expect to see greater demand going forward for software and IT services, including managed services and could-based solutions for treasury management.” – Paul Bramwell, svp treasury solutions, SunGard

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55

Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...

23:55