Taming Treasury Technology 1-day course

Dates and timezones

  • Vienna, Austria | September 20th, 2022 | From €995+VAT
  • Overview
  • Agenda
  • Tutor
  • Prices
  • Gain a holistic picture of treasury technology from a practitioner’s point of view and get the skills you need to design a technology strategy for the treasury function, or optimise the introduction of already chosen technologies. This intermediate level course is run by Nicholas Franck, a treasury professional with over 30 years’ global experience in treasury, banking and consulting.

    SaaS, APIs, RPA, AI/ML and more. New technology is enabling treasury staff to minimise time on processing and concentrate on adding value instead. However, poorly understood, bought or implemented technology doesn’t deliver the results wanted. It is, therefore, vital to understand the solutions available, the environment and plan ahead to identify and solve company needs correctly.

    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 and risk management within a business’s broader finance and commercial context. His in-depth knowledge makes him a versatile, convincing and compelling trainer.

Nicholas Franck


€1,595 €995 +20% Austrian VAT- Book by July 29th and SAVE €600