As the world economy grapples with inflationary pressure, interest rate hikes, and geo-political tensions, banking enterprises are under tremendous pressure to maintain their top and bottom lines. Going forward, treasury functions such as cashflow forecasting and liquidity management will be key to success, providing higher visibility into real-time cash flow worldwide and enabling banks to offer superior service to their corporate clients.
In line with this shift, the role of corporate treasurers is expanding from traditional treasury value-chain elements to strategic decision-making. Their business priorities are also shifting in light of the rise in digital assets, evolving customer preferences, emergence of FinTech, and the need to improve transparency following regulatory changes. Therefore, they are increasingly leveraging APIs, AI/ML, and RPA to modernize treasury functions such as cash & liquidity management and risk management and accelerate the adoption of real-time payments.
In this report, we present Everest Group’s view of a future-ready technology architecture for corporate treasurers achieved through technology intervention across treasury value-chain elements. We also analyze top global banks’ technology investment themes to modernize the different treasury lines over the past two years, the evolving partnership ecosystem, and the Treasury Management Systems (TMS) landscape, comprising incumbents that offer end-to-end solutions and emerging companies catering to point solutions.
Scope
Industry: Banking and Financial Services (BFS)
Geography: global
Contents
This report examines:
- Emerging BFS market trends and the shifting business priorities of corporate treasurers
- The evolving role of treasurers in strategic decision-making and technology challenges in achieving end-to-end visibility across various treasury value chain functions
- Technology intervention across the treasury value chain via automated TMS, third-party platforms, APIs, and cloud and their role in driving enterprises to the future of real-time digital treasury
- Implications for corporate treasurers and providers
Membership(s)
Banking Information Technology
Sourcing and Vendor Management
