Global Treasury Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Treasury Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A treasury management system (TMS) is a software application or enterprise resource planning (ERP) software component that automates the repetitive steps needed to manage a company's cash flow.

Market Overview:

The latest research study on the global Treasury Management Software market finds that the global Treasury Management Software market reached a value of USD 4126.65 million in 2022. It’s expected that the market will achieve USD 5635.77 million by 2028, exhibiting a CAGR of 5.33% during the forecast period.

Limitations

Alternatives to Treasury Management Software
Whilst TMS solutions seem to be becoming the standard for effective treasury management, they’ve not yet been adopted by all businesses. Many businesses still struggle to justify the cost or feel that they’re too difficult to implement. The main two alternatives are:

ERP systems

ERP systems are more general tools that offer a broad view of the entire product chain processes. They typically include treasury functions but don’t focus on these in the way that TMS solutions do.

Excel

Excel is a spreadsheet tool for number crunching. It can perform calculations based on set rules and requires data to be input manually. It’s often used alongside TMS solutions but some businesses still rely solely on Excel.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are ION Trading, FIS Global and Finastra with the revenue market share of 12.68%, 10.76% and 8.76% in 2018.

ION Investment Group Limited operates as an application software provider. The Company provides pricing, market making, position and risk management, securities finance, trade execution, trade processing, and enterprise risk management solutions. ION Investment Group serves customers worldwide.

FIS Global provides financial technology solutions. The Company focuses on retail and institutional banking, payments, asset and wealth management, risk and compliance, trade enablement, as well as transaction processing and record-keeping.

Segmentation Overview:

Among different product types, Local-hosted segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Large enterprises segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Treasury Management Software market covered in Chapter 3:

Finastra
ION Trading
BELLIN GmbH
SAP
Wolters Kluwer NV
Kyriba Corp
Calypso Technology, Inc
Oracle Corporation
Infosys
FIS Global
Murex

In Chapter 4 and Chapter 14.2, on the basis of types, the Treasury Management Software market from 2018 to 2029 is primarily split into:

Local-hosted
Cloud-hosted

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Treasury Management Software market from 2018 to 2029 covers:

Large Enterprises
SMEs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)