Big data, blockchain, the Internet of Things and AI are set to revolutionise trade and supply chain finance, reveals a Commerzbank and Fraunhofer whitepaper. A recent industry report has indicated a turning point for the global trade and supply chain finance (SCF) industries, driven by emerging technologies and the increasing volume of data. Commerzbank, in […]
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 […]
Without question, the Covid-19 pandemic has strengthened the business case for digitisation and dramatically increased the pace of digital adoption. Treasury 4.0 technologies, such as data analytics and application programming interfaces, will be key to building long-term resilience. Here, four HSBC experts examine the challenges, risks and opportunities of embracing digital treasury capabilities – and […]
In an increasingly data-centric world, it’s only a matter of time before finance organisations fully rely on data-driven business operations. Unsurprisingly, this approach is part of a multi-year plan for two-thirds of finance professionals, according to findings from Onguard’s recent FinTech Barometer – but only 7% believe their own organisation is already data-driven. Despite the […]
The second episode in our Smart Treasury podcast series sees Maggie Li, Chairman at TCL Technology Group Finance Company, and Calvin Matundura, Treasurer at Safaricom, join TMI’s Eleanor Hill to give a detailed overview of their digital transformation journeys. With additional insight from Lisa Robins and Ricky Kaura, Standard Chartered, we find out how TCL and Safaricom have achieved notable improvements in areas of efficiency and security by embracing innovative technologies including AI, RPA and Machine Learning.
‘Smart treasury’ is no longer just a future consideration for companies: corporates of all sizes are already embarking on their digital journeys and reaping the benefits. In our recent podcast, Victor Penna, Global Head of Structured Solutions, Standard Chartered, and Olle Malmgren, Executive Director Structured Solutions Development, Europe, Standard Chartered, explained how treasurers can make […]
TMI, in partnership with Barclays, are delighted to share the results of a recent survey answered by over 300 of Europe’s leading corporate treasurers and CFOs. We discovered that Data Analytics will be a key technology for treasurers in 2021, and over half of respndents use – or to plan to use – APIs. Discover more insights from the survey >
TMI, in partnership with Barclays, are delighted to share the results of a recent survey answered by over 300 of Europe’s leading corporate treasurers and CFOs. Data analytics was the most highly sought after, followed by soft skills. Discover more insights from the survey >
Treasury organisations and finance shared service centres in Central & Eastern Europe are changing – robots are taking over many of the manual tasks once performed by humans. At the same time, Big Data and predictive analytics are becoming more commonplace. But is treasury at risk of being sidelined in the rush to digitise corporate […]
As businesses across Europe accelerate their digital transformations, savvy corporate treasurers have a unique opportunity to secure enriched data insights, says Daniela Eder, Head of Payments & Cash Management Europe, Barclays. In turn, this could enable treasury functions to become fitter, both operationally and financially, assuming technology budgets are deployed strategically and cybersecurity is prioritised. […]
Global digital transformation has kickstarted the Fourth Industrial Revolution, also known as Industry 4.0. For corporate treasurers, this represents a complete shift in approach to treasury processes, technology and, most importantly, talent. Alan DuffyCEO, HSBC Ireland HSBC’s recent Global Liquidity and Cash Management Forum, held in Dublin, Ireland, highlighted the technological advances that are revolutionising […]
Wanting to get a better handle on its daily cash positions, Ravenscroft Group has implemented a solution with TreasuryXpress to enable the efficient collection of SWIFT MT940 reports, feeding them straight into Ravenscroft’s in-house trade management system. The TreasuryXpress implementation has also removed 90% of paper-based bank account reconciliation processes, freeing up significant time and […]
What first comes to mind when you think of a day in the life of a treasurer? Cash management? Transaction processing? Hedging risk? In reality, the first thing you should think of is data, which underpins every treasury activity. Now more than ever, the quality, timeliness and consistency of data that treasury produces, receives, manages […]
Everyone loves a sneak preview, and here Michael Spiegel, Head of Cash Management, Deutsche Bank, gives Eleanor Hill, Editor, TMI, an exclusive peek at the results of one of the hottest treasury surveys going. Read on to discover what your peers really think about the role of AI and blockchain within the treasury function. Also […]
Liquidity management is undergoing a period of major change. Liquidity is (re)circulating more quickly, major opportunities are emerging in ‘big data’ analysis and the global economy looks set to push liquidity levels higher. Nick Powell, Global Head of Commercialisation and Ray Suvrodeep, Global Head of Deposit and Investments Product Management, Global Liquidity and Cash Management […]
Every treasurer measures, and is consequently measured by, the performance of a company’s treasury function. In many cases, businesses have built up complex and extensive scorecards of key performance indicators (KPIs) that evaluate different elements of accuracy, speed and productivity. What is often overlooked is that these KPIs contribute to overall business success, and focus […]
