Search
 

Treasury Management Systems at Risk?

The majority of companies have treasury management systems, Reval says, but many still use older versions.

By Susan Kelly | Updated on June 18, 2012

The vast majority of large corporations in North America and the U.K. employ treasury management systems, but many use older versions of those systems, according to recent surveys by Reval, which provides software-as-a-service treasury and risk management solutions. And Reval argues that companies that aren’t using the latest version of their treasury management system face compliance risk.

Reval surveyed 95 of the companies included in the London Stock Exchange’s FTSE 150 index, and found almost three-quarters—74%—use automated treasury management systems, while 26% do not. In North America, Reval’s survey of 200 large companies found an even higher portion—close to 80%—have automated treasury management systems.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.