Remove Liquidity Risk Remove Mitigation Remove Treasury Management
article thumbnail

European Central Bank Picks Treasury Management Tech Provider

PYMNTS

Last year , OpenLink Vice President of Commodities & Treasury Solutions Mark O’Toole spoke with FX-MM about the intersection of Big Data and treasury management, noting that managing data for real-time risk mitigation is “a bigger challenger than you would imagine.”

article thumbnail

Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted.

article thumbnail

How Half Of Corporate Treasurers Are Getting Left Behind

PYMNTS

Between omnichannel procurement, multi-rail payment tools and cross-border trade, treasury management systems (TMS) seem like an obvious necessity for modern conglomerates. Nearly half of the companies surveyed by the Association for Financial Professionals (AFP) and Bloomberg aren’t using a treasury management system.

article thumbnail

Treasurers Failing To Use Tech To Combat FX Risk, Deloitte Finds

PYMNTS

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important.

Risk 43