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

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

Treasury and Risk Management (TRM) is the use of on-premises and cloud-based procedural means to help businesses or organizations conduct financial and risk management, including cash and risk management, hedge accounting, foreign exchange, interest rate and commodity derivatives management, internal banking and netting, Managed bank connections, bank account management and payments, and more to increase visibility into cash and risk. Utilize procedures for working capital management, analysis, control, and more.

Market Overview:

The latest research study on the global Treasury and Risk Management (TRM) market finds that the global Treasury and Risk Management (TRM) market reached a value of USD 4864.5 million in 2022. It’s expected that the market will achieve USD 7668.2 million by 2028, exhibiting a CAGR of 7.88% during the forecast period.

India will be an important market

The pre-Asia region will provide an extremely lucrative environment for financial risk management application providers. Rapid digitization and growing technology proliferation in these regions are expected to have a significant impact on sales of treasury and risk management applications. Demand is expected to be led by emerging economies such as India and China. India has seen a lot of technological development over the past few years and the country is now a thriving hub for tech start-ups and small businesses. The market in India is still in the developing stage but is expected to develop into a lucrative space by the end of the forecast period. Factors such as rapid urbanization, increasing digitalization, stringent government regulations, etc. are expected to have a significant impact on the capital and risk management applications market in India. Providers of treasury and risk management solutions can enhance their global market position by targeting the Indian market.

Enterprises attach importance to financial risk

Driven by rapid globalization, the risks facing modern organizations have become more complex. New risks are constantly emerging, often associated with and arising from the digital technologies that are now in common use. With the frequent global trade and the continuous expansion of enterprises, the financial difficulties of enterprises are increasing, and the financial risks are also increasing. In particular, the continuous expansion of many large enterprises has eventually led to financial loopholes and bankruptcy, such as LeTV Group, which brings a warning to the development of enterprises. Especially with the flow of global trade, the increase of capital accumulation and the more complex capital market, the risk management needs of enterprises are also increasing.

Security and Privacy Issues Facing Apps

With the development of the global Internet and the continuous advancement of technology, hacking attacks are increasing, and the risks faced by applications are also increasing. Company financial information is private, and Treasury and Risk Management (TRM) procedures should be kept private. Some finance companies and IT companies are working together to improve the security of Treasury and Risk Management (TRM). In the face of rampant network attacks, it is an important challenge for developers to improve the resilience of their products.

Key Companies in the global Treasury and Risk Management (TRM) market covered in Chapter 3:

Wolters Kluwer
Calypso Technology
Sage
ION Group
FIS Global
Murex
Kyriba
SAP
Infosys
Finastra

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

On-premises
Cloud-based

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

SMEs
Large Enterprises

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)