Over the past few years the strategic importance of the treasury function has been enhanced as financial institutions have been required to respond to the rapid pace of disruptive technological change. A failure to embrace these increasingly advanced technologies will result in treasuries falling behind the organisational development curve.
Claiming the ‘Best Bank Connectivity’ accolade in TMI’s 2019 Awards for Innovation and Excellence, DBS has worked with numerous companies to create and deliver API leveraging solutions that enhance customer and employee experience across a broad range of industries.
FIS has been helping clients to maximise the value they achieve from technology and taking their treasury operations to the next level of efficiency and sophistication. This hard work has been rewarded by the TMI 2019 Innovation & Excellence Award for Best Cash & Treasury Management Solution.
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.