Drawing the roadmap for digital treasury in banking
Treasuries need to take a more proactive approach to digitalization beyond basic process automation. This paper examines how banks can follow best practices when transforming their operating models.
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The treasury department’s role within a bank has become more strategic and central over the last decade. Treasury teams have prioritized the delivery of a robust risk management, governance and compliance framework as well as optimizing the bank’s liquidity and balance sheet. However, a bank’s treasurer, in its role as custodian of the bank’s balance sheet, is facing a multitude of industry drivers and macro-economic challenges that will require a new approach.