Treasury Management Internation Logo

SunGard & FTA Study Identifies Trends Impacting Australian & New Zealand Treasuries


As security concerns and the need for additional resources continue to drive IT investment for treasury functions, a study conducted by SunGard and the Finance and Treasury Association in Australia (FTA)  has identified that 48% of Australian and New Zealand treasury systems are now cloud-based.

The survey, undertaken in cooperation with the FTA, was conducted with 54 senior treasury professionals in Australia and New Zealand. Key findings from the survey include:

  • 78% anticipate continued growth in treasury in the cloud
  • 28% indicated technology-related issues were their greatest challenges. This was followed by improving cashflow forecasting (22%) and risk management (19%)
  • For the treasurers relying on in-house (not hosted) systems, lack of internal IT resources was their greatest problem (54%)
  • Of those with internal systems, 44% were considering moving to a cloud-based system and 78% recognized the value of managed upgrades and outsourced exception handling

“While the treasury technology landscape continues to evolve, treasurers’ fundamental priorities remain the same as ever; functionality and integration. Hosted, hosted and managed or software-as-a-service solutions can help meet and maintain compliance needs without having to upgrade and rebuild internal systems – a costly and time consuming process.”– John Filippis, vp Solution Architecture Asia Pacific, SunGard AvantGard

In order to meet the growing demands of the treasury technology landscape, Qantas Airways has migrated their treasury operation to SunGard’s private cloud hosting for reduced operational risk and costs, as revealed in SunGard’s latest case study.

In the case study, Anthony Impala, Manager Treasury Systems, Qantas Airways Limited, discusses his experience with SunGard, describing how the migration from SunGard’s Quantum solution to SunGard’s hosting environment allowed them to streamline their work processes by only having to work with one provider with expertise around the actual treasury solution as well as hosting solutions in general. This has in turn resulted in faster turnarounds, allowing Qantas to experience an increased level of support and trouble-shooting.

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...


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...


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...


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....


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...


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...


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...


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...


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...


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...