Selling the Value of Transformational Treasury and Risk Technology

Selling the Value of Transformational Treasury and Risk Technology

20.02.2014 07:00 pm

Reval

The responsibilities of the treasurer have expanded over the last few years as the disconnect between what a treasurer needs to support his or her broad remit and what the Chief Financial Officer is willing to fund continues to run deep. In this paper, Reval demonstrates how treasurers can frame the business case for transformative technology and sell the value of a strategic investment in next generation treasury technology. Challenges that treasurers face today are different than they were five years ago. And treasurers know that five years from now there will be new, more complex challenges they will be facing. As stewards of their company’s financial nerve center, treasurers are living with the reality that new responsibilities and financial risks are lurking around every corner. In fact, while 86% of those surveyed in 2013 by the Association of Financial Professionals say that risk assessment is very important, 53% say they have greater difficulty today anticipating risks to their companies’ earnings than they did before the global financial crisis. In fact, the visibility of these risks – regulatory and market risks among the most pressing and unpredictable – has reached the boardroom level at 80% of companies Deloitte surveyed in the second quarter of 2013. With risk concerns at this level, the treasurer is increasingly relied upon as a strategic business partner in delivering on corporate performance. Consequently the responsibilities of the treasurer have expanded over the last few years as well. Still, the disconnect between what a treasurer needs to support his or her broad remit and what the Chief Financial Officer is willing to fund continues to run deep.

Other White Papers

PSD2 - Heaven or Hell for Retail Banks?

Traditional banks are facing a massive change to the way they do business - and how they interact with their own customers - in the shape of the second iteration of the Payment Services Directive ( Read more »

The Triparty OTC collateral conundrum

For large institutions the process of gauging whether you need to be complicit with BCBS / IOSCO 261 has started. Read more »

Effective CECL Adoption Timelines Confirmed. How to Start Preparing

On Nov 11th, FASB decided the effective dates of adoption for the CECL guidelines. Read more »

DTCC spotlights the role of interconnectedness in the transmission of risk and shares practical recommendations

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has r Read more »

Optimized Trading - Empowering the trader in an automated world

This paper examines the challenges brokers face in achieving optimal trading outcomes in a highly competitive marketplace where execution prowess is a key differentiator. Read more »

What you see is not what you get: The challenge of truly ‘smart’ order routing

In his first paper of this series, Shifting Sands - the harsh realities of executing in today's markets, the issues around constructing a reliable, globally-consistent market access infras Read more »

Mobile Identity – The Fusion of Financial Services, Mobile and Identity

A new report from Telstra reveals the majority of United Kingdom (UK) consumers using mobile banking applications want their mobile devices to instantly recognise them via biometrics, such as finge Read more »

Unified Metadata: Key to reliable, consistent information exchange between Banks and Regulators

With the constant introduction of newer and stricter Basel guidelines, the significance of data management has never been higher for banking institutions. Read more »

Reality v/s Myth: Revisiting the ALLL Calculation System

Allowance for Loans and Lease Losses (ALLL) is one of the most critical calculations for a bank and ALLL adequacy will continue to be an area of debate, inspection and elucidation. Read more »

The Future of Banking Regulations

Close on the heels of the Great Recession, a tsunami of unprecedented regulatory reforms hit Banks the world over. Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel