On March 10 2023, Silicon Valley Bank failed. This marked the biggest bank collapse since 2008. The collapse of SBV was driven by a rapid rise in interest rates which hurt the bank, which was heavily invested in US government bonds. Negative tech trends meant many SBV customers started withdrawing funds to meet their financial…
In the Treasury Dragons 2023 Treasury Technology Guide, treasury automation is still the top priority for treasurers in 2023. In fact the number grew from 58% to 61% this last year. Cash forecasting still takes second spot and cash visibility has increased in priority from 26% to 58% – this almost doubled in one year.…
Data migration is the process of moving data safely and securely from one system to another. This is a risky, complicated, and time-consuming process that requires the utmost care, preparation, planning, and execution. Automation has assisted countless organisations to remove some of the risk associated with it and allowed the migration process to save time…