Global Treasury And Risk Management Software Market Size By Deployment (On-Premise, Cloud-based), By Type (Treasury, Investment Management), By Application (Commercial Banks, Clearing Brokers and CCPs, Central Banks and Public Agencies), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Treasury And Risk Management Software Market Size By Deployment (On-Premise, Cloud-based), By Type (Treasury, Investment Management), By Application (Commercial Banks, Clearing Brokers and CCPs, Central Banks and Public Agencies), By Geographic Scope And Forecast
Treasury And Risk Management Software Market Size And Forecast
Treasury And Risk Management Software Market size was valued at USD 6.1 Billion in 2024 and is projected to reach USD 13.6 Billion by 2031, growing at a CAGR of 12.4% during the forecast period 2024-2031.
The deployment of treasure management is increasing due to the growing demand in banks for the prevention of fraudulent activities. This increasing demand in banks is anticipated to drive the market substantially by the forecast period. The advanced analytical solutions provided by the Treasury And Risk Management Software will boost the market substantially by the forecast period. Treasury And Risk Management Software being adopted by various organizations will boost the market growth over the forecast period. The Global Treasury And Risk Management Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Treasury And Risk Management Software Market Definition
A Treasury And Risk Management Software is software that is created to assure the policies and procedures for financial risk management are managed in the right way. It is used to automate the process of managing a particular organization’s financial operations. Financial activities of a company such as cash flow, assets, and investments, etc. are managed automatically with the help of a Treasury And Risk Management Software. To minimize the reputational risk and to maintain financial security a Treasury And Risk Management Software is used. Treasury And Risk Management Software is also used for real-time cash management, cash-flow forecasting, payment reconciliation, debt management, trade finance.
These functions are very important for a company’s progress and to maintain its finances with a proper record. It is also used to communicate with the company in order to if any risks are associated with the given sets of assets. To understand any risks the software collects and collates the data across the enterprise IT system and indicates where the risks lie. Treasury And Risk Management Software developing and being more advance with the help of new technological advancements and it is being used widely as a cloud-based software due to its easy accessibility and comfort. Treasury And Risk Management Software Market will grow vigorously in the coming years.
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Global Treasury And Risk Management Software Market Overview
Treasury And Risk Management Software is being widely used along with the banking, financial, and investment services which will boost the market substantially over the forecast period. The BFSI services use Treasury And Risk Management Software on a large scale as they want to have a safe way for financial activities. BFSI industry deals with critical business and customer-related information which is very important to be kept safe.
The Treasury And Risk Management Software helps the BFSI industry in various financial activities without any risks which will aid the market growth for the global Treasury And Risk Management Software Market over the forecast period. The Healthcare industry uses the Treasury And Risk Management Software for various purposes which deal with customer details and vital financial data which cannot be hampered as it will affect the financial activities of the healthcare industry. This is increasing the demand of the Treasury And Risk Management Software highly which is anticipated to drive the market substantially over the forecast years.
Cloud-based Treasury And Risk Management Software Market is gaining more popularity which will result in the market growth over the coming years. In this era of digitalization where cloud-based services are used and preferred widely, Treasury And Risk Management Software Market will witness a positive surge significantly in the coming years. However, the high costs of the Treasury And Risk Management Software are anticipated to hinder the market growth substantially over the forecast period. The growing use of blockchain in treasury operations will provide ample amount of growth opportunities to the Treasury And Risk Management Software Market in coming years.
Global Treasury And Risk Management Software Market Segmentation Analysis
The Global Treasury And Risk Management Software Market is Segmented on the basis of Deployment, Type, Application, And Geography.
Treasury And Risk Management Software Market, By Deployment
- On-Premise
- Cloud-based
Based on Deployment, the market is bifurcated into On-Premise and Cloud-based. The on-premise segment contained the major market share in past years and contributed widely towards the market growth. The increasing use of on-premise in BFSI and the healthcare industry due to its higher system security as compared to public cloud offering is anticipated to have a positive impact on the market. The on-premise segment will account for the largest market share over the forecast period. It will account for the highest CAGR growth in the coming years.
Treasury And Risk Management Software Market, By Type
- Treasury
- Investment Management
- Risk and Compliance
Based on Type, the market is bifurcated into Treasury, Investment Management and Risk and Compliance. The Treasury segment will witness market growth at a faster pace with substantial growth rates over the forecast period. The Treasury segment will account for the major market share over the forecast period with gradual growth in its CAGR. Investment management will record the acquisition of a significant market share over the forecast period with moderate growth in its CAGR over the forecast period.
Treasury And Risk Management Software Market, By Application
- Commercial Banks
- Clearing Brokers and CCPs
- Central Banks and Public Agencies
- Buy Side
- Corporates
- Others
Based on Application, the market is segmented into Commercial Banks, Clearing Brokers and CCPs, Central Banks and Public Agencies, Buy Side, Corporates, and Others. Commercial banks with a demand for safe and secure processing for financial activities will drive the market over the forecast period. It will account for the major market share over the forecast period with subsequent growth in its CAGR in the coming years. Central banks and public agencies will register a major market share over the forecast period with a gradual growth over the forecast period.
Treasury And Risk Management Software Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Regional Analysis, the Global Treasury And Risk Management Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America region will account for the largest market share over the forecast depending on the economies such as US and Canada. A huge presence of BFSI, healthcare, IT and other industries is the major contributor to market growth in the North American region. Europe region will witness significant market growth over the forecast period. Increasing advancements in technologies such as AI, blockchain, analytics and cloud computing will drive the market growth in Europe over the forecast period. The Asia Pacific will witness a major market growth over the forecast period owing to the developing economies of China and India. Rapid digitalization will contribute to the market growth in these regions in the coming years.
Key Players
The “Global Treasury And Risk Management Software Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Finastra, ION, Murex, SAP, Sage Group, Kyriba, Calypso Technology, MORS Software, Wolters Kluwer, and PREFIS.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
UNIT | Value (USD Billion) |
Key Companies Profiled | Finastra, ION, Murex, SAP, Sage Group, Kyriba, Calypso Technology, MORS Software, Wolters Kluwer, and PREFIS. |
Segments Covered | By Deployment, By Type, By Application and By Geography |
Customization Scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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