With the changing global market, crashing of stock events and other economic crisis, Treasury Management Systems (TMS) have become an inevitable part of managing an enterprise’s liquidity. It allows firms to govern the policies and procedures of financial activities in real time, while mitigating the operational, financial, and reputational risk.
A sophisticated, flexible, and automated treasury solution offers agility, reduces cash flow risk, increases revenue, and boosts market share. This will lead to multi-level improvements in a firm’s operational efficiency. As a result, financial institutions today demand offerings that integrate with the entire value chain to boost speed and straight-through processing; along with intuitive and easy usage, driving them toward a single treasury management solution from one provider.
With this market opportunity, there are scores of solution providers that are devoted to providing treasury management solutions and best practices that support clients’ needs. Even smaller banks are launching and expanding their treasury management functions due to the emerging market opportunities.
In order to assist CEOs, CIOs, and other executives find the right TMS for their enterprise, Banking CIO Outlook presents Top 10 TMS providers. The listing gives insights into how these solutions efficiently manage a firm’s liquidity and financial activities within an acceptable level of risk, consolidating the company’s funds optimally and profitably.
We present to you Banking CIO Outlook’s Top 10 Treasury Management Solution Providers 2016.