The Future of Corporate Treasury

10 Treasury and Trade Solutions The Treasury Technology Landscape Current Landscape — Today Over the past three decades, we witnessed several developments in the treasury technology landscape. One of the key developments to mention is that the treasury technology vendor market has consolidated through mergers, acquisitions, and private equity involvement. This resulted in a higher concentration of treasury technology solutions with fewer players in all treasury market segments. The following sections include some of our other observations that are based on a detailed market research executed by Zanders that resulted in an extensive database of ERP and TMS usage by more than 1,000 multinational corporates all over the world. 1 1 Source: Zanders proprietary research, 2019. Further reading can be found via https://zanders.eu/en/latest-insights/zanders-proprietary-treasury-technology-database Figure 5: Share of TMS Market ERP Vendors (21%) MS Excel (6%) Independents (36%) Big Players (37%)