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Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions. The more scenarios considered and the higher the cash forecast frequency, the more prepared an organisation will be.
And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cashmanagement, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.
Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cashmanagement for small and midsize enterprise (SME) clients. million members.
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