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Adjoint CEO On Why Treasury Management Needs Blockchain

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One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.

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SWIFT Loops Into Treasury Management

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Treasury management firm Reval, which provides cloud-based cash management solutions, is now linking its corporates into the SWIFT network. The executive added that SWIFT is working to train clients and adhere to their requirements to ease the onboarding of businesses into its network.

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Treasurers Begin Exploring New Open Banking Opportunities (And Risks)

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Large corporations are often home to their own troves of valuable — yet difficult to reach — data, thanks to a back-office landscape of multiple ERPs, accounting systems, treasury management and cash management platforms. According to Gullers, treasurers typically access that data via the SWIFT network.

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Deep Dive: How The Pandemic Is Giving Treasurers An Instant Payments Jolt

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A thorough knowledge of one’s cash flow is a necessity, and lacking such transparency can hinder a company’s ability to do everything from paying rent and finalizing future quarters’ budgets to compensating employees. The ongoing pandemic is also changing the status quo regarding cash flows and placing greater emphasis on quick transactions.

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In The Drive To Modernize Treasury Ops, Mind The Gap

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In the drive to modernize treasury operations, mind the gap — o r gaps. As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. Some First Steps.

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Treasurers, CFOs Raising Their Payments Expectations

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More than 40 percent of companies surveyed said they operate with more than five cash management banks; a third said they are working with more than 20 banks. “Recent merchant card processing breaches, coupled with the SWIFT hacks , cyberattacks and phishing, have treasurers on their toes.”