Balancing Digital Aspirations While Addressing Risk Management Fundamentals: Observations From Citi Treasury Diagnostics

43 “ We have mobilized a project to support more effective cashflow forecasting. This will allow us to better predict funding requirements and ultimately automate FX and investments based on prescriptive analytics.” — European multinational consumer goods company DIGITAL TREASURY TRANSFORMATION: PRIORITY FOCUS FOR MANY... Aspirations are shifting from Descriptive Analytics (looking back, reporting what has happened) to seeking a more forward looking set of insights to better inform what actions to take to manage treasury objectives. 57% of respondents are looking at transformative opportunities across both core business and Treasury function (vs. 49% in 2018). 18% are looking at transformative business opportunities that could impact treasury (vs. 8% in 2018). Only 3% are not considering digital initiatives (vs. 13% in 2018). Formal Digital Strategy/ Policy in Place Dedicated Digital Officer in Place 53% 42% Priority Now, looking at transformative opportunities Focus on Digital Themes and Emerging Technologies 2018 2018 2021 CTD 2021 CTD Looking at opportunities to transform Treasury 39% 38% Looking at transformative business opportunities that could impact Treasury 18% 8% Both 43% 54% Waiting to see further developments in this space Not considering at the moment Keeping abreast of key topics but not in active planning Priority Now, looking at transformative opportunities 49% 57% 21% 23% 17% 17% 13% 3%