The Future of Corporate Treasury

17 The Future of Corporate Treasury Treasury cockpit of the future Corresponding to the aircraft example, the treasury cockpits of future corporate treasuries are expected to rely on process improvements and data intelligence with a constant, real-time interaction between automated treasury processes and human validation. In our opinion, the future corporate treasury practice will see exponential technology and human interaction continuously working together, where technology will assist to automate and provide insight into data, and humans will monitor, based on predefined limits and tolerance levels, and fine-tune where needed. “The big question we are often asked is, ’Will a robot be able to run an entire treasury department?’ Our view at ION is that this is unlikely to happen in the foreseeable future. Yes, levels of automation will increase way beyond what we see today, and AI will play a key part in that. But we see AI as a tool to assist the treasury team. Machine learning may reveal new insights and strategies, but it will be the humans who decide how to use those strategies to create more value for their organizations.” Paul Higdon Chief Technology Officer, ION Treasury How will your future treasury look like? How should you manage the “Perfect Digital Storm”? …the future corporate treasury practice will see exponential technology and human interaction continuously working together…