One of the least surprising findings of the third annual GTreasury/Strategic Treasurer treasury technology survey report, published in late July, was the continued high level of adoption of new technologies, with growth fuelled by smaller corporates.
However, this commitment contrasted with respondents’ desire to hold onto older data formats, such as MT940 and BAI2, rather than adopting newer, enriched versions that use XML.
Just over half (56%) of the corporates surveyed offer XML formats such as CAMT, with a further 11% planning to do so during the next 12 months.
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