Fraud and Security

Issues regarding preventing fraud and providing financial systems' security.

The Rise of the Chief Treasury Information Security Officer (CTISO)

Fraud and compliance, top priorities for treasury and CFOs

Fraud and Compliance have begun replacing Cash Forecasting and Liquidity Management as the top priorities for Corporate Treasurers. While Risk Management has always been a priority for Treasurers, managing risk typically meant implementing a good hedging policy or ensuring sufficient liquidity to meet cash obligations.

Bob Stark
March 27, 2017

Improving Financial Controls with Treasury Technology

IT security

Global finance professionals are challenged by time consuming and error prone manual data entry, and implementing financial controls with enhanced security against fraud and cybercrime. With increasing danger of loss from fraud and difficulty of tracking data across multiple tools and spreadsheets, leadership is asking treasury for a solution to better manage and protect their organization. The problem is that many organizations are using spreadsheets as their primary treasury management tool in spite of their lack of security, controls, and auditability.

Bob Stark
March 9, 2017

Treasurers: Are you ready for new opportunities in 2017?

Opportunities for financial professionals in 2017

The start of January is most definitely the time for bold (or not so bold) predictions for the upcoming year. In the past weeks we have seen predictions suggesting that advanced business intelligence will be the number one priority for CFOs in 2017, predictable analytics will effectively replace hedge fund managers, and that blockchain is ready to emerge as the next coming of the internet for finance – in 2017. None of these things are going to happen – in 2017, or maybe at all.

Bob Stark
January 13, 2017

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