In order to monitor how today’s corporate treasury functions are preparing to transform to Treasury 4.0, HSBC commissioned a survey answered by over 200 corporate treasurers from large-scale businesses around the world. The research delved into the extent of change treasury teams expect, as well as the technology, treasury techniques, and team talent they believe will be transformative in the near future.
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.
Robotic Process Automation is really as simple and powerful as it sounds, providing organisations with the tools to create their own configurable software robots to automate multiple business processes in a non-disruptive and non-invasive manner.
From micro-hedging to leveraging data analytics, technology is radically changing the way treasurers manage foreign exchange (FX) risk. Philippe Gelis, CEO and Co-Founder, Kantox, discusses the true value of automating FX hedging, explains what makes fintech-bank partnerships a success for all involved, not least the corporate treasurer.
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.
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.