Banking Technology Magazine | Banking CIO Outlook
bankingciooutlook
Jan-Feb 20176As with any political transition, a sea change in the form of regulatory amendments or repeals is all set to occur in the U.S. With favoritism toward higher interest rates, the time is ripe for banks to expect a voluminous cash flow. Overseas, the monetary repercussions of Brexit have piled up government debts, causing currency fluctuations across the globe. The ball game has undoubtedly changed, even if it is by different degrees in the U.S. and Europe and this means, 2017 is brim-full of action-items for treasury departments in banks. A major transformation will be in the form of treasurers making the shift from transactional to strategic roles. Resetting the fundamentals, the `monotonous and repetitive' approach to key decision-making in treasury management is set to be replaced by a more favorable strategy-led workflow.One thing that will remain the same is the gravity of gaining more real-time visibility into cash and liquidity standings. Access to funding, risk management, and maintaining a fail-safe balance in the liquidity of assets will be expensive challenges. Meanwhile, the solid foothold that technology and digitization have seized in this value-chain has become stronger than ever. The recent proof-of-concept released by SWIFT to add blockchain technology to its global payments has put the reaches of digitized treasury much closer than anticipated.Adding scale to the existing treasury management model to accommodate the inward bound `change agents' often comes at the price of operational disruptions and it may leave unchecked security loopholes in the system. Overcoming these challenges, several technology providers are paving the leeway for banks to adapt to the changes, and help them procure a return on their investments. In an effort to make the workday of a treasury manager easier, Banking CIO Outlook is presenting its annual special edition on Treasury Management.We hope this edition will add value to your business strategies. Let us know your thoughts.Copyright © 2017 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.JAN-FEB-2017Mailing AddressValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 Jan-Feb - 2017, Volume 03 - 01 Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesT:510.402.1464TREASURY MANAGEMENTEric Thomaseric@bankingciooutlook.comVisualizerMatt RyderManaging EditorJames RobertsonA Scope for Better VisibilityJames RobertsonManaging Editor editor@bankingciooutlook.comAaron PierceAva GarciaSarah FernandesEditorialAlex D'SouzaSyed Haseeb AhmedCarolynn Walters*All Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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