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A New Report from Aite Group |
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Boston, MA, July 9, 2007
– A new report from Aite Group, LLC explores the top trends that are currently shaping the U.S. cash management space and the strategies that are being implemented by
the largest global players, down to the smallest community banks.
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The report, Top Trends in U.S. Corporate Cash Management: Strategies for a New Environment, analyzes how a greater focus on cash management
and a subsequent increase in competition has driven banks to adopt new strategies over the last two years. As their business customers have become more global, cash management
banks (beyond just the largest ones) have been forced to begin to think outside of their geographic borders and enhance their international capabilities. Business-driven
technology deployments are now playing a key role in their overall strategies as both a differentiator and a source of new revenue streams. Banks are also increasingly finding
that collaboration between banks is essential to surviving in today's market. These efforts will enable them to remain competitive, to maintain and win new customers, and to grow revenues.
"U.S. cash management banks are beginning to capitalize on many of the new strategies they have put in place over the last couple of years," says
Christine Barry, research director at Aite Group and author of this report. "Technologies
have evolved, and banks have slowly adapted to today's new environment. Traditional cash management, as we once knew it, is now a thing of the past."
This 24-page Impact Note contains 17 figures and tables. Clients of Aite Group's Wholesale Banking services can download the report by clicking
on the icon to the right.
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To purchase this report or
for additional information,
please contact:
Aite Group Sales
Tel: +1.617.338.6050
sales@aitegroup.com |
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