The treasury and risk management market has seen considerable growth due to a variety of factors.
•In recent times, we have seen a significant expansion in the market size of treasury and risk management. It is predicted to surge from $5.86 billion in 2024, escalating to $6.34 billion in 2025, with a compound annual growth rate (CAGR) of 8.3%.
This growth during the historic period can be ascribed to factors such as global economic instability, the need for regulatory compliance, complexity of financial tools, a heightened emphasis on liquidity management, and the widening and globalization of the market.
The treasury and risk management market is expected to maintain its strong growth trajectory in upcoming years.
• In the next few years, the market size for treasury and risk management is anticipated to experience robust growth. The market is forecasted to reach a value of "$8.99 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%.
This predicted growth during the forecast period can be ascribed to factors such as enhanced focus on cybersecurity threats and fraud prevention, a changing regulatory environment, synergy with business intelligence, as well as economic uncertainties and market volatility. The spotlight on environmental, social and governance (ESG) risks is also instrumental. Key trends projected for this period encompass challenges associated with globalization, real-time administration in treasury, integration of sustainability, collaboration instruments, and sophisticated automation.
The future expansion of the treasury and risk management is predicted to be spurred by the banking sector's growth. The banking sector encompasses a variety of financial entities, namely commercial banks, investment banks, and credit unions, which offer a wide array of financial services to people, businesses, and governments. With the use of treasury and risk management solutions in banking, financial institutions can effectively control their treasury functions, fine-tune their risk management plans, and meet banking regulatory standards, which eventually results in improved financial stability and profitability. For example, the European Central Bank (ECB), a German-based central bank for European Union nations, reported in June 2022, that total assets of credit institutions based in the EU rose by 3.42% from €29.44 trillion ($31.82 trillion) in December 2020 to €30.44 trillion ($32.92 trillion) in December 2021. As a result, the treasury and risk management market's growth is fueled by the banking sector's expansion.
The treasury and risk management market covered in this report is segmented –
1) By Type: Treasury, Investment Management, Risk And Compliance
2) By Deployment: Cloud, On-Premises
3) By Enterprise Size: Large Enterprises, Small And Medium Enterprise (SMEs)
4) By Application: Account Management, Cash And Liquidity Management, Compliance And Risk Management, Financial Resource Management
5) By End User: Banking, Financial Services, And Insurance, Information Technology And Telecommunications, Retail And E-Commerce, Healthcare, Manufacturing And Automotive, Other End Users
Subsegments:
1) By Treasury: Cash Management, Debt Management, Liquidity Management
2) By Investment Management: Portfolio Management, Fund Management, Asset Allocation
3) By Risk And Compliance: Credit Risk Management, market Risk Management, Operational Risk Management, Regulatory Compliance Management
The emergence of product innovation is a notable trend in the treasury and risk management market. Major industry players are focusing on creating novel products to bolster their market standing. For instance, in September 2023, ION Treasury, a software development company from Ireland, introduced the Wallstreet Suite, a comprehensive treasury management system and payment hub designed specifically for large entities, central banks, and government agencies. This solution increases automation, improves visibility, and simplifies treasury functions by amalgamating cash management, trading, and risk management onto a unified platform. The Wallstreet Suite provides insights into cash flow, liquidity, and exposures across organizations, enabling informed decision-making and improving operational efficiency. This makes it a powerful instrument for modernizing treasury operations.
Major companies operating in the treasury and risk management market include:
• Broadridge Financial Solutions Inc.
• FIS Global Inc.
• Oracle Corporation
• PricewaterhouseCoopers International Limited
• SAP SE
• Fiserv Inc.
• Calypso Technology Inc.
• Kyriba Corporation
• Mors Software Inc.
• Wolters Kluwer N.V.
• Q2 Software Inc.
• Riskonnect Inc.
• Silverlake Axis Limited
• SmartStream Technologies Inc.
• Temenos AG
• Axiom Software Solutions Inc.
• Equifax Inc.
• ION Trading Limited
• Finastra
• IBM Corporation
• Exela Technologies Inc.
• Edgeverve Systems Private Limited
• Finance Active S.p.A.
• Yonyou Software Co. Ltd.
• Murex S.A.
• Infor Corporation
• BELLIN GmbH
• Trading Technologies International Ltd.
• TreasuryXpress Inc.
• Reval Systems Inc.
North America was the dominate region in the treasury and risk management market in 2024. The regions covered in the treasury and risk management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa