DIGITAL BANKING
“ I view treasury as a bank within a bank in terms of managing assets ”
TH ON
HEAD OF UK BANKING & CAPITAL MARKETS , CAPGEMINI third of corporate treasurers have an independent technology budget . The majority share resources with other departments or rely on ad hoc funding requests , which can hinder their ability to implement new technologies effectively .
Integration with existing systems is another potential hurdle . Ensuring seamless connectivity between new solutions and legacy systems is crucial for realising the full benefits of these technologies .
Looking ahead , we can expect to see further innovation in areas such as artificial intelligence , predictive analytics and blockchain technology applied to treasury operations .
For CFOs and finance directors , staying informed about these developments and actively engaging with banking partners and fintech providers will be crucial .
For Victoria Blake , the real value of fintech solutions for corporate treasurers is freeing them up to be more strategic .
Says Blake : “ This technology gives you the freedom to think about what I am really trying to do . Yes , it ’ s boring stuff about file formats and workflows and bulk actions but what that translates to is a single treasurer ’ s pride in their quality of life , it ’ s about empowering these folks . It ’ s good .”
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