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According to a cash management study conducted by CT and Broadridge across Asia Pacific, the burden of regulation and compliance is severely hampering the ability of cash management bankers to be effective at what they are expected to be good at: managing cash and payments.
We asked senior cash and payment banking executives located across Asia Pacific what the biggest challenges are facing their operations within the region related to five core areas: cash forecasting, cash matching, balance and liquidity management, payment controls, and reporting. 63% provided a response related to regulation and compliance.
Download the report to read how regulation and compliance, among other challenges, are impacting cash managers across Asia Pacific. Technology can help make processes more efficient and transparent, and address key challenges identified in this study while mutualising costs.
"Our goal is to remove some of the complexity and burden to allow our clients to focus on meeting regulatory requirements as well as business expansion."
- Steve Davis General Manager, Broadridge FXL
According to a cash management study conducted by CT and Broadridge across Asia Pacific, the burden of regulation and compliance is severely hampering the ability of cash management bankers to be effective at what they are expected to be good at: managing cash and payments.
We asked senior cash and payment banking executives located across Asia Pacific what they biggest challenges are facing their operations within the region related to five core areas: cash forecasting, cash matching, balance and liquidity management, payment controls, and reporting. 63% provided a response related to regulation and compliance. |
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