Drawing the road map for digital treasury in banking

The role of the treasury function within a bank has evolved to become more strategic and central over the past decade. However, as custodians of a bank’s balance sheet, treasurers today face a multitude of challenges that necessitate a radical new approach to growing their business while managing risks prudently. The need to comply with ever-evolving regulations, increased competition from non-banking players and a growing focus on climate finance and net-zero commitments require rapid digitisation of treasury and markets divisions in banks now more than ever. Mere automation is not enough, firms must proactively adopt digital technologies, streamline operations, and enhance customer experience to unlock new revenue streams and optimise risk management while staying competitive in a fast-paced financial markets landscape.