Next Generation Cash and Liquidity Management, Today
Finastra discusses the current environment of corporate treasury and how it needs greater attention to efficient management of liquidity and cash flow.
Default Finastra
In a disrupted world, corporate clients prioritize security and time savings. As branch networks around the world close and paper documents and manual processes become obsolete, most banks and financial institutions have accelerated their digitalization efforts.
However, for many banks, the speed of digitization, application of technology, and the investment required to keep up with the pace of change is a barrier.
Corporates now require real-time cash positions in order to effectively manage their liquidity positions, which is both an expectation and a reality. To accomplish this, banks must decouple their value-added products from their monolithic core systems, redeploy to the cloud, and consume as a service in an open banking environment.
