TMS goes back to basics (TT JulAug05 p37-38)

Regulatory pressure is forcing treasurers to review their technology needs. Corporates are moving away from multiple treasury systems and are predicted to move away from the extensive use of spreadsheets. Focus of many treasury products currently is on derivative hedging and risk management with competition increasing in that area. Technology suppliers say that treasurers from industries not traditionally seen as active buyers of Treasury Management Systems (TMS) are looking to purchase.