Global Treasury and Risk Management Software Market Analysis and Forecast 2019-2028

The global treasury and risk management software market reached around US$ 400 Mn in 2022 and is expected to witness a moderate growth rate of around 6.5% during the forecast period 2022-2028, driven mainly due to the increased need for fraud prevention in banks, treasure management is being used more frequently.

During the forecast period, it is predicted that the treasury and risk management software market will be significantly driven by the banks’ growing demand. Treasury and Risk Management Software’s cutting-edge analytical solutions will significantly expand the market by the end of the projection period. As more firms embrace treasury and risk management software, the market will rise considerably.

The desire for real-time treasury and risk management software solutions, growing worries about compliance and risk management, and the growing need to streamline operations are some of the reasons driving the growth of the treasury and risk management software market.

• The requirement to manage liquidity, optimize investment portfolios, and cut expenses is what is driving the rising demand for treasury and risk management solutions. The use of treasury and risk management software across many industries is being propelled by escalating concerns over compliance and risk management.
• Companies are seeking ways to streamline their financial operations and improve efficiency, which is driving the demand for treasury and risk management software. These software solutions can automate financial processes, reduce manual errors, and improve visibility into financial data.

Advancements in technology and the prevalence of cloud-based solutions are anticipated to grow significantly as more firms are catching up and implementing advanced data and analytical tools

The development of new technologies, such as artificial intelligence and machine learning, is expanding the capabilities of treasury and risk management software. These technologies can help companies analyze large amounts of financial data and provide insights into potential risks and opportunities.

Growing demand for cloud-based treasury and risk management software is increasing, as companies seek flexible and scalable solutions that can be accessed from anywhere. Cloud-based software solutions can also help companies reduce their IT infrastructure costs and improve data security.

The global market for treasury and risk management software is expected to experience growth opportunities, driven by growing awareness of risk management where companies are becoming increasingly aware of the importance of risk management and are investing in software solutions to help manage financial risks.

Moreover, the global treasury and risk management software market plays important in the BFSI business and is expected to experience expansion due to the treasury and risk management software’s ability to assist in a number of financial processes without any hazards.

Also, treasury and risk management software is used by the healthcare sector for a variety of tasks involving customer information and crucial financial data that cannot be compromised since it will have an impact on the sector’s financial operations. As a result, there is a significant increase in demand for Treasury and Risk Management Software, which is expected to significantly fuel market growth over the coming years.

The huge presence of BFSI, Healthcare, and IT industries lead North America to dominate the global treasury and risk management software market

North America is expected to dominate the global treasury and risk management software market due to the huge presence of BFSI, healthcare, IT, and other industries in the region. The US is one of the most technologically advanced nations across the globe.

• The country has well-grown IT and BFSI industries that deal with and generate critical data that require treasury and risk management applications in order to manage this data.
  • Growing demand for intelligent treasury and risk management applications is also anticipated to play a crucial role in the US treasury and risk management application industry.

Europe treasury and risk management software market is anticipated to gain substantial growth due to technological advancements in the field of artificial intelligence (AI), blockchain, cloud computing, etc. The Asia Pacific is expected to experience major market growth over the forecast period. Factors like rapid urbanization, increasing digitization, and stringent government regulations are expected to majorly influence the treasury and risk management software market in the region.

Market Structure and Competition Landscape

The global treasury and risk management software market is fragmented in nature with the presence of various players in the market. Some of the prominent players operating in the market include SAP SE, Oracle Corp, Bottomline Technologies Inc., CAPIX Treasury Software, Coupa Software Inc., DataLog Finance, Eurobase Systems Ltd., Fidelity National Information Services Inc, Financial Services Corp., Infosys Ltd., ION, Kyriba Corp, Murex SAS, and Salmon Software Ltd. among others.

These players adopt various strategies including mergers and acquisitions, partnerships and collaborations which directly results in propelling the growth of the global treasury and risk management software market. Treasury and risk management software providers are also focusing on developing new and advanced solutions to meet the changing technological and business trend.  

• In March 2022, GTreasury, a treasury and risk management platform provider announced a partnership with Infor, a global leader in industry-focused business cloud software solutions. With this partnership, the GTreasury platform will utilize an application programming interface (API) to connect data from Infor’s cloud financials ERP solution, Financials & Supply Management.
• In September 2021, Eka Software Solutions, a software provider, announced the launch of a new powerful financial management solution.

Key Market Segmentation

RationalStat has segmented the global treasury and risk management software market on the basis of component, type, deployment type, and region.

• By Component
  • Treasury and Risk Management Application Software
  • Treasury and Risk Management Application Services
  • Professional Services
  • Consulting Services
• By Type
  • Treasury Management
  • Investment Management
  • Risk and Compliance Management
• By Deployment Type
  • On-premises
  • Cloud-based
• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Rest of the Middle East & Africa

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs.

Why Buy this Report?

The report is intended for treasury and risk management software providers, IoT industry players, government organizations, regulatory agencies, market research firms, BFSI companies, and other end users. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.

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