Corporate treasurers and financial managers today have new requirements for corporate banks to help their businesses in a digital era that requires more speed, accuracy, and flexibility. Ultimately, they demand real-time access to data about transactions, liquidity, investments, and debt — across the entire enterprise, across borders, and across bank relationships.
The 2015 Asian CFO Survey asks Asia's most senior treasury and finance professionals about their investment priorities, bank selection and retention criteria, expected improvements from their corporate banks, and the impact of mobile banking applications on their business.
"In an increasingly regional and global operating environment, corporates look for banking partners that can support their complex liquidity needs across borders, across multiple currencies and offer real-time, inexpensive, and efficient connectivity solutions," says Thomas Zink, research manager at IDC Financial Insights. He adds, "In an increasingly real-time world, banks need to improve their game to offer corporate customers the timeliness, flexibility, and accuracy required."