Regulatory compliance for the corporate treasury department is a huge administration overhead, and it is growing. So how does the corporate treasury department bring it altogether?

The obvious answer is the Treasury Management System. Reval’s Regional Vice President of Solution Consulting, EMEA Gunther Peer recently analysed their role in regulatory compliance, see table. 

Key: IFRS - International Financial Reporting Standards, EMIR - European Market Infrastructure Regulation, Financial Times - Financial Transaction Tax, FBAR - Foreign Bank Account Report (The annual report filed with the United States Treasury for Americans to report the existence of foreign bank accounts and other financial accounts held abroad.).

This analysis reveals how vital the TMS is in helping corporate treasury departments comply with the increasing range of regulations. 

Another recent example of TMS suppliers adding functionality to their systems to help corporate treasury departments is how both BELLIN and Salmon have integrated EMIR reporting direct to trade repositories cutting out intermediaries.

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How good is your TMS helping you comply with the regulations? This is becoming a key differentiator between TMS suppliers.