Few treasury professionals would disagree with the fact that treasury departments are undergoing a period of change that’s further reaching and faster moving than ever before.
Driven by the latest digital solutions and regulatory changes, the treasury environment is rapidly evolving. Technology has not only created a real-time environment where transactions and payments are processed instantaneously, it has compressed the very lifespan of financial data, creating plenty of challenges along the way.
As a result, corporate treasurers are increasingly leaning on their banking partners for help in embracing the latest digital solutions – in the process demanding innovation from banks and making the corporate to bank relationship more important than ever before.
The Global Treasurer caught up with Stephanie Niemi, Deputy Head of Product Management, Global Channels, and Steven Lenaerts, Head of Product Management, Global Channels at BNP Paribas to find out what this means in real terms for treasury professionals and how digital transformation is impacting ebanking solutions.