Adoption of treasury management systems by corporates has slowed over the past two years, according to latest research from Greenwich Associates.
Figures from Greenwich show that half of all corporate treasurers now use treasury managemt systems, but that concerns over cost resulted in reduced uptake of TMS during 2002.
Mainland Europe shows the greatest appetite for these systems, followed closely by the US with the UK some way behind in third place. Asia, where the appetite for technology is usually strong, had the lowest TMS uptake.
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