Treasury & risk management applications are gaining traction due to digitization and growing internet penetration in emerging regions.
Valley Cottage, NY -- (SBWIRE) -- 09/06/2018 -- Historically, treasury's participation with risk management has been concentrated on finding and evading such financial exposures as interest rates and foreign exchange. The treasurer's prime accountabilities were to create policies for financial risk management, perform related practices and track and report the results of the program.
Treasury & risk management applications are series of software solutions being offered by the vendors focused towards analyzing and optimizing business processes in the finance area of an organization. The treasury and risk management application solution aids its clients with their respective treasury operations by using solution with robust front, middle and back-office ERP. Treasury & risk management applications are gaining traction due to digitization and growing internet penetration in emerging regions.
Request for sample copy of report @: https://www.futuremarketinsights.com/reports/sample/rep-gb-3156
Treasury & Risk Management Application Market: Drivers and Challenges
Advancement in IT infrastructure, penetration of smart devices in emerging regions and increasing awareness of updated technology among the population are factors that impact positively to the global treasury & risk management application market.
However, security breach, threat from hackers are a few challenges that affect the growth of global treasury & risk management application market.
Treasury & Risk Management Application Market: Segmentation
Treasury & risk management application market can be segmented on the basis of deployment type, industry size, industry application and region.
On the basis of deployment type, treasury & risk management application market can be segmented into on-premise and cloud-based deployments.
On the basis of industry size, treasury & risk management application market can be segmented into small and medium enterprises (SMEs) and large enterprises.
On the basis of industry application, treasury & risk management application market can be segmented into banking, financial services and insurance (BFSI), IT and telecommunication, energy and utility, government offices and education, healthcare, retail, hospitality and others.
Treasury & Risk Management Application Market: Regional Overview
Regionally, treasury & risk management application market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.
North America is expected to hold the major market share during the forecast period owing to the technological advancements, high internet penetration including most users of smartphone or tablet devices. Asia Pacific treasury & risk management application market is expected to experience highest growth in revenue in the forecast period due to the investors and ley vendors focusing on countries in this region. Europe and Japan treasury & risk management application markets would also contribute considerably to the global revenue.
Request to view Table of Content @: https://www.futuremarketinsights.com/toc/rep-gb-3156
Treasury & Risk Management Application Market: Competition Landscape
Few prominent players in the treasury & risk management application market include:SAP AG,The Sage Group plc, Oracle Corporation, OpenLink Financial Inc., Kyriba Corporation, FIS Global, Misys, ION Trading, Wolters Kluwer, EdgeVerve Limited
Recent contracts/deals in Treasury & Risk Management Application Market:
In November 2014, Misys, a financial software company, partnered with EGAR Technology, a company specializing in automation of financial institutions, to implement its solutions for security, treasury and risk management in Russia and the CIS (commonwealth of independent states).
About Future Market Insights
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI's research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.