DIGITAL TREASURY INNOVATION Over the years Orchard Finance has developed a deep knowledge of Treasury organisations, processes and systems. The speed of technological developments in recent years has broadened the range of solutions that support Treasury departments in their increasingly complex responsibilities. Working with many TMS providers has given us an inside track on their recent developments. And thanks to long-term relationships with leading banks, information on relevant bank innovation is readily available. In 2018, Orchard Finance joined the Holland FinTech ecosystem to add insights on FinTech developments to our knowledge base and to have access to new solution providers that are (or will become) relevant in the near future. By organizing events we facilitate knowledge sharing between our customers, solution providers and our consultants. Our knowledge is built on information shared by subject matter experts from different sources, but most value obviously comes from realizing Treasury innovations together with our clients. In this edition of the Treasury Solutions Guide we share our insights on Treasury Technology. Key observations in recent years: Spreadsheet tools like Excel are still widely used in day-to-day Treasury processes; Electronic banking systems and multi-bank platforms are used by many clients to facilitate bank connectivity; Web-based dealing platforms make FX trading accessible and efficient; Virtual accounts and eBam can support corporates with a high volume of of bank accounts; Treasury Management Systems are still the most integrated solution for treasurers. g y DIGITAL TREASURY INNOVATION Capital Structure Intercompany Financing Credit Rating Equity Interest Rate Risk Mgmt Dividend Working Cap Solutions Non Bank Funding Bank Financing Big Data Artificial Intelligence Cash Flow Forecasting Daily Cash Management ST Funding & Investment Exposure management Bank Account Management ROADMAP FOR INNOVATION is impacted by: 1. Treasury ‘evolution’ and Organisation Intercompany Netting Operational Payments Treasury Payments 2. Treasury Role(s) Trade Finance 3. Treasury System Infrastructure 4. External Relations Project Finance Debt Capital Markets y TECHNOLOGIES & INNOVATIONS Platform Analytics Instant payments IAM RPA API DLT Reporting & Analytics Exposure Identification Valuation MtM (Hedge) Accounting Compliance Cyber Security N.B.: other treasury activities like tax, pensions, insurance, credit management and commodities have more specific requirements Potential of new technologies to enhance Treasury Processes: by Orchard Finance Technology creates new opportunities for Treasury innovation Since many industries are disrupted by technological innovations, Treasury teams are equally expected to adapt to changing environments. Banks almost without exception have funds to develop FinTech solutions and most are involved in blockchain consortia. 6 TREASURY SOLUTIONS 2019 Risk & Control Cash Management Finance
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