Treasury 2030

I've had plenty of time to read over Christmas, and something that caught my eye was a report by Citi GPS, entitled Treasury 2030 (link here). As I'm studying treasury management, I thought I'd give it a read and see what the report's findings are...

The "Treasury 2030" report by Citi GPS outlines a transformative vision for treasury functions by 2030, urging modernisation to maintain relevance. Treasurers face increasing expectations to act as strategic business partners, contributing to growth through data-driven insights and optimised liquidity management. Achieving this vision requires adopting advanced technologies, rethinking traditional roles, and fostering collaboration with banks and tech providers.

Key themes include real-time treasury operations, supported by automation and artificial intelligence (AI), to enhance efficiency and decision-making. Emerging technologies like blockchain and tokenisation promise faster, more transparent financial processes, while AI and machine learning improve forecasting and fraud prevention. Real-time data access is emphasised as crucial for managing liquidity and aligning treasury with broader corporate goals.

Treasurers are encouraged to centralise cash management, integrate with commercial functions, and adopt tools like APIs to enable seamless connectivity. The report highlights the importance of partnerships, advocating for collaboration between treasury teams, banks, and technology providers to build interoperable, future-ready systems.

Cultural and organisational shifts are also critical. Treasury must transition from being a risk manager to a proactive growth enabler, requiring new skills in data analysis, change management, and cross-functional collaboration. The report concludes by urging treasurers to embrace innovation boldly, positioning treasury as a key driver of corporate success in an increasingly digital and interconnected world.