Treasury tech trials
The financial crisis has created some important challenges for the treasury operations of Asia's leading corporations. What are the lessons learned from the crisis? And how can corporates improve their treasury technology functions? By Harry Thompson
In the early 1990s, the function of corporate treasury was simpler - most companies deployed a decentralised, local-level approach, with the efforts centred largely on cash management, balancing debt and foreign exchange through regional branches. In the ensuing years, the role of corporate treasuries became more centralised and strategic, with many operations seeking to optimise how money was used and invested. The role shifted to one of working capital management including liquid assets and
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