Real-time treasury connectivity is the dividing line between leaders and laggards.
Despite this, only 28% of corporate banks make connectivity infrastructure a key business priority.
The fragmentation of connected systems such as ERPs, treasury management systems (TMS), payment fabric, and invoicing, is a roadblock. Even with the rise of APIs, less than 40% of corporate customers use them to exchange data with corporate banking partners. Legacy file-handling systems further complicate real-time communication between banks and corporate clients, driving up costs and complexity.
It's time to modernize C2B (corporate to bank) connectivity.
In this IDC Spotlight sponsored by Xoriant, Tom Zink, Senior Research Director at IDC, and Maria Adele Di Comite, Research Director, unravel the full potential of a connected treasury ecosystem.
This paper highlights:
The transformation of treasury ecosystem
Learn how shifting from traditional C2B connectivity enhances customer experience, risk management, operational efficiency, and cost savings
The need for a connected treasury ecosystem
The range of benefits for customers, banks, and the ecosystem itself from a connected treasury ecosystem
Expert recommendations for corporate banks
Gain insights from IDC analysts on preparing for a connected ecosystem and building a robust connectivity foundation
Taking action with Xoriant’s Xonnect
Explore how Xonnect empowers financial institutions and corporate clients to seamlessly integrate business systems with their bank accounts
