Citi GPS Report Uncovers Untapped Potential of Corporate Treasury and Industry Providers in Driving Growth
Citi has released a new report titled 'Treasury 2030: Modernize or Risk Irrelevance' highlighting the untapped potential of corporate treasury functions. The research reveals that while treasury departments are currently underfunded in technology and resources, they have a unique opportunity to create value through emerging technologies like Artificial Intelligence and Digital Assets. The report emphasizes the need for corporate treasurers to move beyond incremental improvements and adopt proactive strategies through broader partnerships and collaboration to enable real-time treasury operations. According to Stephen Randall, Global Head of Liquidity Management Services at Citi, high-performing treasuries must invest in technology, talent, and partnerships to become key contributors to company growth.
Citi ha pubblicato un nuovo rapporto intitolato 'Treasury 2030: Modernizzare o Rischiare l'Irrelevanza' che evidenzia il potenziale inespresso delle funzioni di tesoreria aziendale. La ricerca mostra che, sebbene i dipartimenti di tesoreria siano attualmente sottocapitalizzati in tecnologia e risorse, hanno un'opportunità unica di generare valore attraverso tecnologie emergenti come Intelligenza Artificiale e Asset Digitali. Il rapporto sottolinea la necessità per i tesorieri aziendali di andare oltre i miglioramenti incrementali e adottare strategie proattive attraverso partnership e collaborazioni più ampie per abilitare operazioni di tesoreria in tempo reale. Secondo Stephen Randall, Responsabile Globale dei Servizi di Gestione della Liquidità di Citi, le tesorerie ad alte prestazioni devono investire in tecnologia, talenti e partnership per diventare contributori chiave alla crescita dell'azienda.
Citi ha lanzado un nuevo informe titulado 'Treasury 2030: Modernizarse o Arriesgarse a la Irrelevancia' que resalta el potencial no aprovechado de las funciones de tesorería corporativa. La investigación revela que, aunque los departamentos de tesorería están actualmente infrafinanciados en tecnología y recursos, tienen una oportunidad única de crear valor a través de tecnologías emergentes como Inteligencia Artificial y Activos Digitales. El informe enfatiza la necesidad de que los tesoreros corporativos vayan más allá de las mejoras incrementales y adopten estrategias proactivas mediante asociaciones y colaboraciones más amplias para permitir operaciones de tesorería en tiempo real. Según Stephen Randall, Director Global de Servicios de Gestión de Liquidez en Citi, las tesorerías de alto rendimiento deben invertir en tecnología, talento y asociaciones para convertirse en contribuyentes clave al crecimiento de la empresa.
씨티(Citi)가 'Treasury 2030: 현대화하거나 무관심을 감수하라'라는 제목의 새로운 보고서를 발표했습니다. 이 보고서는 기업 재무 부서의 잠재력에 주목합니다. 연구에 따르면 재무 부서가 현재 기술 및 자원 측면에서 부족한 상황이지만, 인공지능 및 디지털 자산과 같은 신기술을 통해 가치를 창출할 수 있는 독특한 기회를 가지고 있습니다. 이 보고서는 기업 재무 담당자들이 점진적인 개선을 넘어서는 것과 더 폭 넓은 파트너십 및 협업을 통한 실시간 재무 운영을 가능하게 하는 적극적인 전략을 채택할 필요성을 강조합니다. 스티븐 랜들(Stephen Randall), 씨티의 글로벌 유동성 관리 서비스 책임자는 성과 높은 재무 부서는 기술, 인재 및 파트너십에 투자하여 기업 성장의 주요 기여자가 되어야 한다고 말합니다.
Citi a publié un nouveau rapport intitulé 'Treasury 2030 : Moderniser ou Risquer l'Irrelevance' mettant en avant le potentiel inexploité des fonctions de trésorerie d'entreprise. La recherche révèle que, bien que les départements de trésorerie soient actuellement sous-financés en technologie et en ressources, ils ont une opportunité unique de créer de la valeur grâce à des technologies émergentes telles que Intelligence Artificielle et Actifs Numériques. Le rapport souligne la nécessité pour les trésoriers d'entreprises d'aller au-delà des améliorations incrémentales et d'adopter des stratégies proactives grâce à des partenariats et des collaborations plus larges afin de permettre des opérations de trésorerie en temps réel. Selon Stephen Randall, Responsable Mondial des Services de Gestion de Liquidités chez Citi, les trésoreries performantes doivent investir dans la technologie, les talents et les partenariats pour devenir des contributeurs clés à la croissance de l'entreprise.
Citi hat einen neuen Bericht mit dem Titel 'Treasury 2030: Modernisieren oder Gefahr der Irrelevanz' veröffentlicht, der das ungenutzte Potenzial von Unternehmensfinanzabteilungen hervorhebt. Die Forschung zeigt, dass die Treasury-Abteilungen derzeit in Bezug auf Technologie und Ressourcen unterfinanziert sind, jedoch eine einzigartige Gelegenheit besteht, Wert durch aufkommende Technologien wie Künstliche Intelligenz und Digitale Vermögenswerte zu schaffen. Der Bericht betont die Notwendigkeit, dass Unternehmensfinanzierer über inkrementelle Verbesserungen hinausgehen und proaktive Strategien durch umfassendere Partnerschaften und Zusammenarbeit annehmen, um Echtzeit-Finanzoperationen zu ermöglichen. Laut Stephen Randall, Global Head of Liquidity Management Services bei Citi, müssen leistungsstarke Treasuries in Technologie, Talente und Partnerschaften investieren, um bedeutende Beitragszahler zum Unternehmenswachstum zu werden.
- Introduction of AI and Digital Assets technologies to revolutionize treasury processes
- Potential for treasury departments to expand their role in driving business growth
- Opportunity to develop real-time treasury solutions for competitive advantage
- Current underfunding in treasury technology and resources
- Legacy systems hampering agile solutions implementation
Insights
The report highlights significant strategic shifts in corporate treasury but lacks immediate financial impact or actionable metrics. While discussing important technological transformations and future opportunities, it primarily serves as a thought leadership piece rather than market-moving news. The focus on AI integration and digital assets adoption represents long-term strategic considerations but doesn't present concrete implementation plans or financial commitments.
The emphasis on treasury modernization indicates potential future technology investments and partnerships, but without specific financial projections or implementation timelines, the immediate impact on Citi's business performance remains unclear. This positions the report as a strategic roadmap rather than a catalyst for near-term value creation.
The report depicts how corporate treasurers have a unique opportunity to create value helping their firms compete in an increasingly 24/7, real-time world. Citi’s research shows that treasury is underfunded in technology and resources, yet powerful new technologies including Artificial Intelligence and Digital Assets are becoming available to revolutionize processes. Treasurers need to plan beyond incremental improvement and adopt novel ways of thinking to drive proactive strategies.
The report also uncovered that corporate treasury cannot unlock its full potential in isolation. As a function, it is dependent on numerous stakeholders and counterparties, both internal and external. To drive the radical yet fundamental changes needed, corporate treasurers must actively participate in broader partnership and collaboration to move the dial towards enabling real-time treasury. The payoff is treasury with an expanded remit equipping businesses to make better decisions to deliver growth and returns.
“High-performing treasuries ensure efficient funding of working capital, identify and mitigate financial risks, and deploy liquidity to fund the company,” said Stephen Randall, Global Head of Liquidity Management Services, Citi. “The future, however, holds so much more for high-performing treasuries. Through astute investments in technology, talent, and partner collaboration they can become key contributors to company growth themselves.”
With greater collaboration also comes innovation with the report envisaging that the technology stack available to treasuries will evolve, enabling more agile solutions that legacy systems currently hamper. Companies must invest in real-time solutions to stay competitive and support digital business models. Those that develop an "always-on" treasury ecosystem will lead and shape the future of the industry.
“Technology-based financial services have the potential to transform how treasurers automate, manage liquidity and risk, and glean insights to support business growth like never before,” Stephen Randall went on to say. “It’s time to boldly embrace the opportunity”.
The GPS report was developed alongside global financial performance consultancy Zanders and garners insights from clients and industry participants.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of
Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi
View source version on businesswire.com: https://www.businesswire.com/news/home/20241203291748/en/
Richard Bicknell richard.bicknell@citi.com
Source: Citi
FAQ
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