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Santander Enhances Cash Management Services With Treasury Link

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12) that its Treasury Link solution is now live in the U.S. and will provide cash management services for such corporate customers. Corporate users can customize their dashboards for quick access to data on accounts, balances, transactions and other areas of corporate finance.

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Asia’s Corporates Driving Treasury, Banking Digitization

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Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed.

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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. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior. Real-Time Window To Treasury Management.

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Open Banking Adds Intelligence To Treasury Management

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As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount.

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Deutsche Bank, Bank Of China Link For Corporate Cash Management

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In a first for the Bank of China, the financial institution has linked up with its first foreign bank for interbank cash management of a corporate client. The first corporation to benefit from the tie-up is Bosch China. Deutsche Bank has been operating across Asia for 30 years, according to reports.

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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

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Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.

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GTreasury Acquires Visual Risk For Corporate Treasury Compliance

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Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). The companies will combine their risk analytics and hedge accounting software as well, they said. “We