This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Read More

Treasury and Risk Management Application Market

Treasury and Risk Management Application Market By Component (Software, Services), By Application (Account Management, Cash and Liquidity Management, Compliance and Risk Management, Financial Resource Management), By Deployment Type (On-premise, Cloud), & Region – Forecast 2022 – 2028

Treasury and Risk Management Application Market By Component (Software, Services), By Application (Account Management, Cash and Liquidity Management, Compliance and Risk Management, Financial Resource Management), By Deployment Type (On-premise, Cloud), & Region – Forecast 2022 – 2028

Treasury and Risk Management Application Market - Analysis, Outlook, Growth, Trends, Forecasts

Treasury and Risk Management Application Market Outlook (2022-2028)

[249 Pages Report] The global treasury and risk management application market is set to be worth US$ 4.5 Bn in 2022, and is predicted to surge at a CAGR of 8% to bring in revenue of US$ 7.1 Bn by 2028.

Treasury and Risk Management Application Market Size (2022)

US$ 4.5 Bn

Revenue Forecast (2028)

US$ 7.1 Bn

Global Market Growth Rate (2022-2028)

8% CAGR

Leading Application Share (2022)

Cash and Liquidity Management – 29.6%

Dominant Regional Market

North America

15% of the global risk management industry revenue is generated by treasury and risk management applications. Financial risk management has become crucial for enterprises, and this is expected to fuel demand for treasury and risk management applications.

Treasury and Risk Management Application Demand Analysis (2013 to 2021) Vs Market Outlook (2022 to 2028)

Management of finances has become crucial to all businesses across the world, and this trend is fuelling demand for treasury and risk management applications. Data is crucial in this digital world, and the safe management of this data is key to running a profitable and sustainable business.

Treasury and risk management application demand growth progressed at a healthy CAGR of 6% from 2013 to 2021. Treasury management and financial risk management are expected to be popular trends over the forecast period and benefit the market potential.

There is a paradigm shift of automation and digitization in most enterprises to deal with the increasing heavy flow of financial and critical data on a daily basis. This is where treasury and risk management applications shine and make it easier for enterprises to manage their financial data in the most efficient and productive manner possible. Use of treasury and risk management software and services is expected to be most in the BFSI industry that deals with critical data.

Increasing digitization, rising cybersecurity concerns, enterprise automation, changing government regulations for financial data compliance, and rising use of AI and cloud-based technologies in enterprises are some of the prime factors driving demand for treasury and risk management applications on a global level.

Overall, treasury and risk management application sales are anticipated to surge at a CAGR of 8% from 2022 to 2028.

How is the Treasury and Risk Management Software Market Expected to Shape Up Across Various Geographies?

This treasury and risk management application market research report provides insightful industry data across regions such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).

Demand for treasury software in North America is anticipated to have a dominant outlook over the forecast period. The growth in this region is majorly driven by the presence of BFSI, healthcare, and other industries in North America. The demand is majorly propelled by the U.S. and Canada.

The European treasury and risk management application industry is expected to have a bright outlook owing to technological advancements in the field of artificial intelligence (AI), block chain, cloud computing, etc. Countries like Germany, France, and the U.K. are expected to lead the treasury and risk management application demand in the European region. 

East Asia, South Asia, and the Pacific regions are expected to provide an extremely lucrative setting for financial risk management application providers.  Rapid digitization and increasing technological proliferation in these regions are expected to majorly influence the treasury and risk management application sales. The demand is expected to be led by emerging economies like India and China.

The treasury and risk management application demand in the MEA region is expected to be relatively lower than other regions. The demand is expected to pick up pace as urbanization and digitization increase in the region.

Country-wise Analysis

Should Treasury and Risk Management Application Vendors Invest in the Indian Market?

India has made a lot of technological development in the past few years and the nation is now a booming hub of technology start-ups and small businesses. The market in India is still in its developmental stages but is expected to evolve into a highly lucrative space by the end of the forecast period.

Factors like rapid urbanization, increasing digitization, stringent government regulations are expected to majorly influence the treasury and risk management application market in India. Treasury and risk management solution providers can improve their global market position by targeting the Indian market.

How is the U.S. Treasury and Risk Management Application Industry Performing?

The U.S. is one of the most technologically advanced nations in the world and this has made it extremely important for any digital technology that is prevalent in the world.

The nation has well-established IT and BFSI industries which deal with critical data that require treasury and risk management applications in order to manage this data and efficiently handle aspects like financial assets, financial resources, etc.

Increasing demand for intelligent treasury and risk management applications is also expected to play a crucial role in the U.S. treasury and risk management application industry.

Category-wise Analysis

Which Application Segment Accounts for a Majority of Market Share?

The cash and liquidity management segment holding a 29.6% share of the global treasury and risk management application industry is expected to lead the market. The financial resource management segment also holds nearly the same market share of 29.3% and is expected to emerge as the dominant application segment over the forecast period.

Both of these applications are expected to prevail as key growth applications as their importance in the BFSI industry and other industries increase with rising adoption of new technologies.

COVID-19 Impact Analysis

The COVID-19 pandemic largely influenced the way enterprises operated and also changed some fundamental aspects of businesses as well. Spread of coronavirus in 2020 forced the world to go into lockdown to avert the crisis and minimize the risk of infection spread. This created a major boom in the adoption of digital technology to keep enterprises functional in these tough times.

Most enterprises shifted to cloud infrastructure and managed to keep operations going while maintaining lockdown restrictions. Adoption of treasury and risk management applications saw a rise in 2020, and this demand is expected to be consistent in the post-pandemic era as well.

Demand for treasury and risk management applications is anticipated to see substantial increase in the post-pandemic era as many businesses adopt cloud technologies and move towards automation with technologies such as AI and machine learning.

Competitive Landscape

Treasury and risk management application vendors are employing organic and inorganic growth strategies to boost their revenue potential across multiple geographies. Treasury and risk management application providers are also focusing on developing new and advanced solutions to meet the changing technological and business trends.

  • In September 2021, Eka Software Solutions, a software provider, announced the launch of a new powerful financial management solution. The Eka Treasury Management solution aids CFOs with timely enterprise data that is crucial in understanding company metrics such as cash flow, liquidity positions, asset valuations, and foreign exchange risks.
  • In May 2021, Refinitiv and IBSFINtech announced a collaboration to launch a new cloud-based automated treasury management solution. The solution would be called InTReaX™, and would be a management solution for cash and liquidity, currency risk, etc. This would enable India to automate its treasury workflow with strategic insights.

Treasury and Risk Management Application Industry Report Scope

Attribute

Details

Forecast Period

2022-2028

Historical Data Available for

2013-2021

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • and GCC Countries

Key Market Segments Covered

  • Component
  • Application
  • Deployment Type
  • Region

Key Companies Profiled

  • SAP SE
  • Oracle Corporation
  • FIS
  • Sage Group PLC
  • Kyriba Corporation
  • PREFIS JSC
  • Openlink
  • ION
  • MORS Software
  • Wolters Kluwer
  • Fiserv Inc.
  • PwC
  • Reval
  • Broadridge Financial Solutions Inc.
  • Calypso

Pricing

Available upon Request

Sign Up with MarketNgage

World's Most Profilic Intelligence Engine

Get Access To The World's Largest Market Research Database.

Sign Up Now

Key Segments of Treasury and Risk Management Application Industry Survey

By Component :

  • Treasury and Risk Management Application Software
  • Treasury and Risk Management Application Services
  • Professional Services
  • Consulting Services

By Application :

  • Account Management
  • Cash and Liquidity Management
  • Compliance and Risk Management
  • Financial Resource Management

By Deployment Type :

  • On-premise Treasury and Risk Management Applications
  • Cloud Treasury and Risk Management Applications

By Region :

  • North America Treasury and Risk Management Application Market
  • Latin America Treasury and Risk Management Application Market
  • Europe Treasury and Risk Management Application Market
  • East Asia Treasury and Risk Management Application Market
  • South Asia & Pacific Treasury and Risk Management Application Market
  • Middle East & Africa (MEA) Treasury and Risk Management Application Market

Key Questions Answered in the Report

What is the projected CAGR for the global treasury and risk management software market?

The global treasury and risk management application industry is predicted to rise at a CAGR of 8% through 2028.
In 2022, the treasury and risk management application industry is set to be worth US$ 4.5 Bn.
Treasury and risk management application industry revenue is expected to attain a total valuation of US$ 7.1 Bn.
Cash and liquidity management is expected to dominate treasury and risk management applications with a market share of 29.6%.
Demand for treasury and risk management applications increased at a healthy CAGR of 6% from 2013 to 2021.

Need specific information?

Our Clients

Technology

View All Reports from Technology

View Reports

Recommendations

Technology

Global Enterprise Asset Management Market

Published : 2019-05-20

Technology

Metrology Software Market

Published : 2021-11-11

Technology

Smart Railways Market

Published : 2020-06-23

Technology

Wearable Computing Devices Market

Published : 2015-02-20