The treasury management system (TMS) market is in flux once again, with mergers, acquisitions and private equity investments reaching fever pitch recently. This article outlines the developments in the TMS market in the last few years and provides some perspective on all these changes.
Expanding role of treasury
On the 20th of June 2017, the Zanders Belgium Annual Treasury and Risk Seminar was held in Antwerp where more than 40 invited experts gathered under a beautiful blue sky and an exotic temperature to discuss the latest developments and innovations in Corporate Treasury.
Treasury transformation refers to the definition and implementation of the future state of a treasury department. This includes redisigning the treasury organization & strategy, the banking landscape, system infrastructure and treasury workflows & processes.