STREAM1 Chaired by: David Blair, MD, Acarate,Singapore 2:20 C2BCONNECTIVITY:ADIFFICULTDANCE 11:40 CREATINGADIGITALROADMAP:REACHINGTOMORROW’STREASURY Simplifying corporate-to-bank connectivity has long been a two-way headache. TODAY Corporates struggle with multiple standards, bank-specific practices and // DAY 1 Digital transformation is not an end in itself. Each treasury should define, in detail, jurisdictions; banks struggle with the often unique demands of particular corporate its own objectives and the problems it needs to solve. Only then can it begin to ERP and TMS implementations and the demands of their treasurers. SWIFT is part TUESDAY MAY15 identify andevaluate thetechnologies that maybeappropriate.Isvisibility thecore of the answer.Butsoisadditional technology.Sophisticated solutions areavailable issue? Is that opacity the result of tangled legacy systems or a centralization to handle complex protocol management, mapping, translation, report generation programme so successful that treasury is drowning in data? The solutions in each and automation needs. These are starting to incorporate sophisticated DIGITALTREASURY: case are digital but different. More generally, has treasury done the core work on cybersecurity and data security protection. But to achieve the levels of simplicity, STRATEGICEDGE process simplification, the implementation of industry standards and interface reliability and ease of switching treasurers would like, corporates, ERP and TMS building? If not, then advanced automation technologies and AI analytics are providers, banks and other technology partners have to co-ordinate in a complex probably a waste of time and money. This treasury took a deep-dive on all its danceinwhichplug-and-playisstilladistantdream.Withsomanypotentialpoints Harnessing the power of systems and processes as the prelude to a treasury-wide digital transformation of failure, and the costs of implementation still high, what are the key lessons that digital transformation is programme. In this session the treasurer explains what the process revealed, the have been learnt? What are the sensible compromises treasurers should make? And solutions they chose andwhy. at what point is it worth making which levels of investment? In this debate, easier said thandone.Sois panellists fromall thekeypartners sharetheirinsights. it better to get the basics Heather Kissinger, Treasury Operations – Cash Management, Katrina Baptista-Capelo, Assistant Group Treasurer, Metalor,US sorted out rather than go Anadarko Petroleum Corporation, US straight for the newest Luis Eduardo Díaz Loera, Treasury and Financing Manager, Grupo Kuo, Mexico 3:00 THEJOURNEYTOAUTOMATION techniques and Tom Durkin, MD, Digital Channels, Bank of America Merrill Lynch,US Changing regulation and compliance alongside improvements in the financial sector technologies? 12:20 SSCTHENEXTGENERATION: have increased the importance of the treasury function and its impact on business HOWTOMAKEITSO and operating divisions within a company. Royston Da Costa of the Ferguson Group Companies looking at setting up an SSC, and those concerned with protecting will takeyou throughtheirjourney ofautomationandfuture proofing ofthe existing investments in them, need new technology to justify these structures. Treasury function. This session will look at improving banking relationships, Outsourcing as a short-term cost fix is not enough. Using advanced analytics to workflows,visibility and collaboration. How can companies challenge theirbanking derive value from the cross-functional data embedded in operational processes and third party vendors to innovate. The session will touch om key initiatives such offers onepossible approach.Theroboticprocessautomationof processesthat can as cybercrime, GDPR and other regulatory issues common to many companies and be broken down into repeatable tasks and learned by a software robot is another. howtreasury hasaroletoplay. But does the use of these technologies in SSCs make them more efficient, or does it Royston Da Costa, Assistant Group Treasurer, Ferguson Group Services,UK just provide a model for re-onshoring processes outsourced for labour cost reasons 3:40 REFRESHMENTBREAK in the first place? How do treasurers harness the power of these technologies in offshore SSCs when this kind of digital transformation is proving extremely difficult 4:00 ADJOURNTOTHEEXHIBITIONFLOORFORASPECIALCONVERSATIONON in the core treasury operations? A year is a long time in technology and many SSCs INNOVATION ANDFINTECH weresetupyearsago.Cantheybecost-effectively upgradedatall? (See page6.) Catherine Stone, Assistant Treasurer, Cabot Corporation,US 1:00 LUNCH “The event was really awesome! From beginning to end you had my entire attention.” —Gustavo Alejandro Morales Gonzalez, CBC–CompañiadeJarabesyBebidasGaseosasLaMariposaS.A. 10