Globally, treasury operations are moving past digital reticence to bring in process efficiency, effective use of liquidity, and compliance via digitalisation.
Digital innovation is no longer a theoretical case but a practical necessity, with treasury operators realising that it is a matter of how, rather than when. Technology and automation (72 per cent of respondents), along with cyber security (48 per cent), were among the top three areas for planned treasury investments in the year ahead, according to a 2018 survey by the Association of Corporate Treasurers (ACT).
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Our whole lives are going digital, so why isn't your banking? Explore HSBCnet for bring down your costs, increasing speed and efficiency and preparing your business for the future.
Noor Adhami explores how real-time payments and our expectations are becoming instant, traceable, interoperable and controlled by the end-user. Learn how we are implementing digital treasury for our customers.