Taming Treasury Technology 1-day course

  • Overview
  • Agenda
  • As a practitioner or supplier, deepen your understanding of treasury technology and its potential to drive success.

    Led by Nicholas Franck, a seasoned professional with over 30 years of experience in treasury, banking, and consulting, this advanced-level course will equip you with the skills to design and implement a technology strategy for the treasury function. Explore the latest innovations in SaaS, APIs, RPA, AI/ML and more, and learn how to leverage them to minimize processing time and focus on value-adding activities.

    Avoid the pitfalls of poorly understood or implemented technology and gain the insights to identify and solve company needs for maximum impact.

    Learning objectives
  • Learning Objectives

    Throughout this course, attendees will:

    • Get an overview of existing and new technologies relevant to the treasury department and some of the underlying enabling infrastructure
    • Gain awareness of the solutions available to address their companies’ pain points
    • Establish a framework for identifying technology needs and constraints
    • Learn how to structure a holistic approach to selection right through to implementation
    • Develop a strategy for their functions and companies on what to do, when and how
    • Understand how to implement effectively and assign roles
    • Build the tools to gain credibility with their non-treasury management and peers through the display of technology knowledge and fact-based proposals
    Who should attend
  • Who should attend?

    • Mid- to senior-level executives who want/need to know about, at a high level, the different treasury technologies available, the benefits they bring, how they relate and what challenges need to be overcome in order to implement and maintain them successfully.
    • Executives who want to understand the consequences to their units of new technologies already being rolled out enterprise-wide.
    • Executives at all levels who want to understand the current status and future directions in treasury technology
    • Executives at all levels working on a treasury technology policy
    • Professionals from IT and other non-treasury functions whose remit includes supporting treasury and who need an overview of the treasury technology space and the changes happening in it
  • Why train with EuroFinance

    • Real world treasury training
      Leave with skills and techniques that you can immediately apply when you get back to the office.
    • Unrivalled knowledge of current best practice
      We talk to treasurers on a daily basis and know what matters most to the profession.
    • Expert tutors
      We have secured the services of the leading tutors in the profession with both banking knowledge and corporate expertise to give you the best all-round training available.
    • Truly global
      We run treasury events all around the world and attract a very international audience.
    • Practical teaching method
      Our courses aren’t just theory, we use real-life case studies and group exercises to illustrate each learning point


    • 9.00am

      Introduction and collection of the participants’ learning wishes

    • 09.15am

      A general introduction to treasury technology

      • Treasury activities and where different technologies fit in
    • 09.45

      Vapourware and beneficial technology – The clients’ role

      • The importance of identifying pain points precisely
      • Having a clear strategy
      • Practical implementation methods and stakeholder buy-in
    • 10.15am

      The pace of change in today’s technology landscape and how to handle it

      • Applying 80:20 and ‘No blame’ project shifts in all aspects of project planning
    • 10.45

      Morning break

    • 11.15

      Review of established treasury technologies and infrastructure requirements

      • On-premise TMSs
      • Market information providers
      • Some dealing platforms
      • Legacy reporting capabilities
    • 11.45

      Historical issues with the above

      • No ‘perfect fit vs requirements
      • Lots of manual work
      • The difficulty of managing change
      • Silo-based technology
      • Extensive use of IT needed both upfront and over time
    • 12.15

      New technologies and how they address the issues

      • SaaS
      • Diversification of information providers
      • APIs in systems integration
      • Enterprise-wide provision of and access to data (data lakes and data warehouses)
      • Analytics platforms and dashboards (‘Super’ Excel, Power BI, Tableau and more)
      • Robotic Process Automation (RPA)
    • 1pm


    • 2pm

      A framework for planning new technology introduction

      1. Avoiding the Tower of Babel – Importance of effective communication Bottom-Up and Diagonally [e.g., with other functions] as well as Top-Down to identify issues correctly and who needs to be involved, how, and during what steps
      2. Understanding XaaS and the acceleration of software development – Importance of keeping in touch with IT infrastructure and software-writing environmental changes
      3. Finalising issues and their prioritisation
      4. Creating a business case
      5. Shortlisting providers – Established providers and / versus  new challengers – Strengths and weaknesses of each
      6. Understanding resource availability for new project implementation and tailoring a change approach aligned with these and the expected useful life of the technology:
      • Early-adopter versus laggard preferences
      • Enterprise-wide vs silo only change
      • Small-step / partial solution versus big step / complete solution change
      • Data cleansing/ wrangling requirements – upfront and ongoing
      • Order of implementation – front office or back office first
      • Implementation methods – agile vs waterfall; 80:20 and ‘No blame’ project shift planning
      • Planning for the discovery of  new, better technologies and budget constraints –Flexible 60:40 mix-and-match vs 80:20 planning)

      7. Stakeholder buy-in, in writing
      8. Provider selection
      9. Stakeholder buy-in, in writing (Again!)
      10. Implementation
      11. Continuous review (Bottom Up, Diagonally, Top-Down)

    • 3.45

      Afternoon Break

    • 4pm

      Fintechs and the explosion of niche applications

      • Examples of Fintechs – new payment methods, dynamic supply chain financing and investing, KYC, RegTech, ESG and more
      • Stages of an entrepreneurial startup and increasing ease of application creation and funding – Relevance of this to Treasurers
      • Artificial Intelligence/Machine Learning and its immediate applications
      • Distributed Ledger Technology/Blockchain and immediate applications
      • Bitcoin, Digital currencies and Central Bank Digital Currencies
      • Decentralised Finance (DeFi)
    • 4.45pm

      Future trends

      • More of all of the previous applications, improved, plus: Natural Language Processing (NLP)
      • Integrated multi-functional AI/ML
      • Citizen developers and low code/no code
      • New skills needed in Treasury
      • Lack of availability of ‘true’ data scientists – ‘Call to Arms’ – Train Your Own!
    • 5pm

      Summary and participant questions and comments

    • 5.15pm

      End of course

Nicholas Franck

EuroFinance Tutor EuroFinance

Nicholas (‘Nick’) Franck has worked 30+ years in corporate treasury, trading, transaction banking, and treasury consultancy: 19 years in multi-industry corporates (IBM, International SOS, Agility Logistics and Oriflame Cosmetics;) 7 years in banks (Merrill Lynch and Chase Manhattan;) 6 years in treasury consultancy (CFO Solutions.) In these companies, his work has been mainly on startups and change. He has worked in and advised on technology, processes, outsourcing, treasury functions & treasury centres, worldwide. His expertise covers cash, liquidity, working capital, risk management, TMS and other systems, policy and process change within a business’s broader finance and commercial context. His in-depth knowledge makes him a versatile, convincing and compelling trainer.

Nicholas Franck