Treasury and risk management applications have made tracking and managing cash flows, liquidity positions, and bank account balances so effortless that their acceptance has skyrocketed, taking their expected valuation to a staggering USD 5,599.57 million as of 2024. These solutions also find their applications in identifying, assessing, and mitigating various financial risks which makes strategic decision-making effortless.
The post-pandemic economic recovery has started to benefit businesses across various sectors. With the advent of sophisticated technologies such as artificial intelligence and machine learning algorithms, businesses around the world are not at all shying from adopting financial software to effectively manage their financial operations, mitigate risks, and optimize their treasury functions.
These applications are also in excellent demand as they help organizations manage exposure to fluctuations in interest rates, foreign exchange rates, and commodity prices through hedging strategies. The global valuation, by 2034, is slated to hit USD 12,314.8 million, growing at a strong CAGR of 8.20%.
| Attributes | Details |
|---|---|
| Market Value for 2024 | USD 5,599.57 million |
| Projected Market Value for 2034 | USD 12,314.8 million |
| Value-based CAGR of the Market for 2024 to 2034 | 8.20% |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Large-scale organizations, these days, are adopting various financial solutions, such as software, consultants, professional services, etc., to streamline their day-to-day operations. Based on the components, the treasury and risk management software is in line to hold the maximum share of 64.80% of the overall market as of 2024.
| Attributes | Details |
|---|---|
| Component | Treasury and Risk Management Software |
| Market Share (2024) | 64.80% |
The demand for treasury and risk management software across sectors has touched the skies as they automate repetitive tasks such as cash positioning, forecasting, and reconciliations, freeing up time for finance professionals to focus on strategic activities.
These applications also help organizations identify, assess, and mitigate financial risks more effectively, allowing them to gain valuable insights into their cash positions.
Treasury and risk management applications are used by retail banks, investment banks, clearing banks, corporates, and others. The investment banks segment is in line to hold the maximum share of 22.40% of the overall market as of 2024.
| Attributes | Details |
|---|---|
| End User | Investment Banks |
| Market Share (2024) | 22.40% |
Treasury and risk management applications are in huge demand in investment banks as they are exposed to a wide range of financial risks, including market risk, credit risk, liquidity risk, and operational risk.
Treasury and risk management solutions provide sophisticated risk analytics and modeling capabilities to help banks identify, quantify, and manage these risks proactively.
| Countries | CAGR (2024 to 2034) |
|---|---|
| China | 10.30% |
| United States | 6.10% |
| Australia and New Zealand | 5.80% |
| Germany | 3.10% |
| Japan | 2.00% |
The Chinese treasury and risk management application market is a promising one. It is slated to grow at a CAGR of 10.30% through 2034.
The Chinese economy has experienced robust growth in the last few decades. This has forced them to adopt novel technologies and methods to make their financial tasks easy and convenient. Risk management applications are thus, in high demand in the country.
China, as a country, has always been at the forefront of accepting new tech into its business models. This tendency of theirs has also bolstered the demand for treasury management applications in the country.
The United States is a lucrative country in this market. The market is expected to grow at a CAGR of 6.10% throughout the forecast period in the country.
The economic conditions in the United States, in the last few decades, especially after the ‘Great Recession of 2008’, have seen a series of ups and downs. This has pushed companies, especially in the banking sector, to adopt risk management solutions.
The reliance of financial organizations on treasury management applications in the United States is also rising due to the presence of an enormous number of IT companies in Silicon Valley providing these solutions.
The future of the Australian treasury and risk management application market looks bright. The market is slated to grow at a CAGR of 5.80% through 2034.
Australia is a country known for its natural resources and the mining sector. The presence of large multinational companies, particularly in the mining and resources sector, and their exposure to financial risks have surged the demand for these applications in the country.
Besides this, stringent regulations by financial authorities and the interest of companies to implement technologies in their set-ups have also taken the market to unprecedented levels in the country.
The German treasury and risk management application market is slated to grow at a CAGR of 3.10% for the forecasted period of 2024 to 2034.
Germany is teeming with multinational companies in the manufacturing sector. These companies have worldwide operations and are prone to the international market’s fluctuations. This has made businesses in Germany rely upon risk management software.
The demand in Germany for these applications is also rising as the European Central Bank, from time to time, updates its financial policies, making the task of adhering to them a cumbersome activity.
The Japanese market is likely to flourish in the coming years. It is slated to grow at a CAGR of 2.00% through 2034.
Japan is reputed as a country that pioneers new technologies in its industrial operations. This business model of the Japanese ecosystem has expanded the treasury and risk management application market in the past few years.
The market is a well-established one, with a multitude of players vying for international dominance. Although a substantial percentage of the revenue of this market is distributed among the top few companies, new start-ups have made their way into this ever-evolving ecosystem in the last few years.
Recent Developments:
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The treasury and risk management application market is expected to be worth USD 5,599.57 million by 2024.
The treasury and risk management application market is expected to reach USD 12,314.8 million by 2034.
The treasury and risk management application market is forecasted to grow at a CAGR of 8.20% from 2024 to 2034.
SAP SE, Oracle Corporation, FIS, Sage Group PLC, Kyriba Corporation, PREFIS JSC, Openlink, ION, MORS Software, Wolters Kluwer, and Fiserv Inc., are some of the major players in the treasury and risk management application industry.
The valuation for the global treasury and risk management application market in 2023 was USD 5,175.21 million.
| Market Value (2024) | USD 10.85 billion |
|---|---|
| Market Value (2034) | USD 21.90 billion |
| Forecasted CAGR (2024 to 2034) | 7.30% |
| Estimated Market Size (2024) | USD 29.60 billion |
|---|---|
| Forecasted Market Size (2034) | USD 68.04 billion |
| Projected Value CAGR (2024 to 2034) | 8.7% |
Explore Vertical Solution Insights
View Reports
Treasury and Risk Management Application Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
