Managing Risk and Opportunity through Uncertainty

TECHNOLOGY IMPACT ON TREASURY PRACTICES Cost and integration of technologies has been suggested by respondents to be the biggest hurdle that will need to be overcome for transformational change to take place. Corporates who are engaged in treasury transformation projects are focusing on RPA (58%) technology to automate repetitive manual tasks and APIs (54%) to improve integration within their own systems, but also how they connect into banks and other vendor platforms. 24% Integration of Technologies 21% Cost 16% Non-financial resources Distributed Ledger Technology Robotic Process Automation 24/7 Instant Payments Open Banking 15% Organization alignment 14% Skill set of employees 11% Lack of regulation Hurdles to Transformation Corporate Treasury Focus TECHNOLOGY ADOPTION WITHIN TREASURY >50% 20-50% <20% Big Data, Machine Learning and Artificial Intelligence Cloud Architecture Application Programming Interfaces As new treasury technology capabilities come to market, corporates will look to their trusted partners where a pre-existing relationship exists to bring them the latest technology innovation. While 79% and 58% of respondents identified banking solutions and ERP/ TMS providers, respectively, as potential drivers of treasury transformation, a coherent roadmap for adopting these new technologies, developed through dialogue with trusted advisors will be essential for successfully navigating a rapidly changing landscape. What will Drive Treasury Change Technology’s impact on Treasury 54% 77% 12% 11% 23% 11% 12% Changes in Enterprise Business model Regulatory Cyclical Market Conditions Fundamental Transformation in Finance Continuous Improvement in Treasury Treasury Change Driven by other factors Transformatively involving Treasury Redesign Materially, in an Evolution Way How Will Treasury Adopt New Technology 79% 58% 42% 17% 8% Acquiring Innovative Banking Solutions TMS/ERP Providers’ Enhancements and New Capabilities Acquiring Best in Class Solutions from New Providers In-house led Tech Development and Deployment Other 36 37