Segments - Treasury Software Market by Deployment (On-premise and Cloud), Operating System (Linux, Windows, IOS, MAC, and Android), Application (Investment Management, Liquidity and Cash Management, Financial Risk Management, Debt Management, Compliance Management, Tax Planning, and Others), Vertical (Financial Services and Insurance, Banking, Government, Manufacturing, Consumer Goods, Healthcare, Energy, Chemicals, and Others), Organization Size (Large Enterprises, Medium Sized Enterprises, and Small Enterprises), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global treasury software market size was USD XX Mn in 2022 and is likely to reach USD XX Mn by 2031, expanding at a CAGR of XX% during 2023–2031. The growth of the market is attributed to the rising need for the automation of treasury systems for bringing transparency and efficiency into financial operations.
Every business entity aims at mitigating risks and improving efficiency in financial management tasks. Business organizations devise core strategies for managing a diverse range of financial processes and functions to figure out the working capital needs and formulate the financial processes that aid in controlling and optimizing cash flow, funding, and liquidity. It helps business organizations focus on planning and executing financial goals.
Financial components such as transaction processing, cash flow, debt, and liquidity management need to be managed effectively to reduce operational, financial, and reputational risks in the organizational structure. Treasury software helps in neutralizing or minimizing potential and current financial threats in a financial or business entity with the help of a set of algorithms to contain revenue leakage.
Treasury software allows users to intricately manage finances while reducing financial vulnerabilities with the help of forecasting and reporting features and tools provided on the user interface. Users can efficiently manage finances using treasury software to optimize liquidity and prevent fraud by accessing real-time information and reporting. Treasury software are designed to manage operational risks by monitoring a business entity’s work capital and cash flow including accounts receivables and accounts payables.
Rising industrialization and globalization increase financial complexities in businesses and business owners’ preference for adopting the automation of treasury processes for efficient financial planning is anticipated to drive the market. Businesses benefit from treasury software by gaining real-time insights into cash and liquidity to enhance productivity and reduce risks.
Data breach thefts due to phishing, computer worm, and viruses are likely to hinder the market. Huge silos of data are created due to the digital transformation of financial institutions and banks. Cyber attackers and fraudsters steal customer data and information to commit various financial crimes.
Integration of AI and advanced financial analytics in treasury software is likely to create opportunities in the market. AI and advanced analytics help businesses and financial institutions identify vulnerabilities and prevent fraud in the financial structure of an institution. AI helps business financial institutions to analyze consumer usage patterns and behaviors and compare patterns against the set fraud indicators to detect fraud.
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Treasury Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Deployment (On-premise and Cloud), Operating System (Linux, Windows, IOS, MAC, and Android), Application (Investment Management, Liquidity and Cash Management, Financial Risk Management, Debt Management, Compliance Management, Tax Planning, and Others), Vertical (Financial Services and Insurance, Banking, Government, Manufacturing, Consumer Goods, Healthcare, Energy, Chemicals, and Others), and Organization Size (Large Enterprises, Medium Sized Enterprises, and Small Enterprises) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Oracle; ABM CLOUD; Fiserv, Inc.; ION; Finastra; ZenTreasury Ltd; SS&C Technologies, Inc.; and CAPIX |
Based on deployment, the treasury software market is bifurcated into on-premise and cloud. The cloud segment is expected to expand at a significant pace during the projection period owing to the high access to big data for financial management operations. Big data enhances banking, financial services and insurance (BFSI) security to maximize the process outcomes and minimize operational risks.
On the basis of operating system, the global market is segregated into linux, windows, IOS, MAC, and android. The linux segment is projected to register a considerable CAGR during the forecast period owing to enhanced security features provided by the operating system.
The financial data is vulnerable to cyberattacks and thefts. Linux is an open-source operating system with enhanced safety features that is hard to phish into. Safety features provided by the linux operating system are popular among hedge fund managers and investment bankers.
In terms of application, the treasury software market is segmented into investment management, liquidity and cash management, financial risk management, debt management, compliance management, tax planning, and others. The financial risk management segment is expected to expand at a high CAGR during the forecast period owing to the high requirement of an automated financial management system that addresses the vulnerabilities in a financial structure of a business or financial entity. Financial risk management practices emphasize managing exposure to investment risk, credit risk, and operational risk.
Based on vertical, the market is classified as financial services and insurance, banking, government, manufacturing, consumer goods, healthcare, energy, chemicals, and others. The financial services and insurance segment is expected to register a robust growth rate during the forecast period owing to feature-rich functionalities provided by treasury software to manage the operational and investment risks in financial services. The insurance benefits immensely in the insurance sector to detect potential fraud.
On the basis of organization size, the treasury software market is categorized as large enterprises, medium sized enterprises, and small enterprises. The large enterprises segment is projected to expand at a considerable CAGR during the forecast period, owing to the features provided by the treasury software to manage operational risks involved at various levels in the large enterprise financial structure.
The capital and cash flow in the large enterprises involve lots of manual labor and thus chances of revenue leakage are high if the intricacies are not analyzed efficiently. Treasury software helps in getting insights into every financial aspect of the large enterprise organization structure to optimize the losses and enhance the profitability.
In terms of region, the global treasury software market is fragmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period owing to the high presence of hedge fund operators, investment banks, and manufacturing industries and the subsequent need for treasury software to micromanage financial operations.
North America is home to many major investment banks, insurance companies, and big corporations. Cash flow management in traditional financial setups and investment risks in hedge funds and investment banks are high. Thus these institutions deploy treasury software to monitor risks and operations.
The treasury software market has been segmented on the basis of
Key players competing in the global treasury software market are Oracle; ABM CLOUD; Fiserv, Inc.; ION; Finastra; ZenTreasury Ltd; SS&C Technologies, Inc.; and CAPIX. These companies adopt strategies including acquisitions, mergers, collaboration, partnerships, and product launches increase their worldwide presence. For instance,
On January 2023, ION, a global leader in treasury, trading, and analytics management solutions provider, announced that its flagship product XTP Front-to-Back Suite has been selected by a global options trader OptionsDesk for financial management operations. ION’s XTP Front-to-Back Suite provides integrated front-to-back platforms assist options traders to gain insights into clearing, execution, and settlement processes involved in the options trading activities.