Excellent round up of the Strategic Treasurer’s Treasury Technology Survey results over on the Treaury Insider web site including this little gem,
"Treasury technology is almost always part of the optimal solution to a seemingly unsolvable challenge. While an assessment, selection, and implementation of a new system may take a significant amount of time, money and hair, treasury departments find the easing of tension significant once the system is successfully implemented and running smoothly."
The maintenance of stable, robust funding has been an imperative of all banks since banks were first created. But like all objectives that are more art than science, devising an effective metric that gives an accurate picture of the funding position of a bank has proved somewhat problematic. Full article from Treasury Insider here http://tinyurl.com/o6gykrx
“Visibility and control over cash balances remains the holy grail of treasurers across the region" Ivo Distelbrink, head of global transaction services in the Asia Pacific for Bank of America Merrill Lynch said Full Story http://tinyurl.com/o5swmc3
According to Deloitte’s ninth biennial Financial Services Risk Management Survey, Operating in the new normal: Increased regulation and heightened expectations, financial institutions have far to go to ensure that they are managing their risk effectively Full article from Treasury Insider here