Euromoney and J.P. Morgan conducted a survey of global corporate treasurers to find out what they see as the biggest challenges they currently face, and assess their expectations for 2017. The survey enjoyed an overwhelming response, with more than 230 respondents sharing their thoughts, from over 30 countries.

It is of no surprise, given the change under way in many corporate business models, that much has been spoken about and written on the emerging digital opportunities that exist for treasuries to reimagine and reinvent how they operate.

Corporate treasury teams should prioritize setting a strategy for using data and digitization to transform how they operate, writes Ron Chakravarti, global head of treasury advisory, Treasury and Trade Solutions, Citi. Meanwhile, Martin Schlageter, head of treasury operations at Roche, explains how digitization is core to shaping what treasury achieves.

Treasurers globally are juggling a broad and growing range of responsibilities, with limited resources and a myriad of technologies and cultural, market and regulatory challenges from all sides. How does the treasurer of today overcome these challenges and identify the innovations that are likely to affect the corporate treasury function in the short and the long runs?

Asset management is one of the few opportunities European banks have for growth and good returns, but regulation is challenging the captive market and margins are falling. Can banks build their own versions of the low-cost US fund management firms – or are these few remaining crown jewels heading the same way as their investment banks?

As the payments landscape changes due to changes in regulation, technology and client behaviour, the treasury function is also undergoing a major shift. While every change presents its share of threats and opportunities, certain points will have long-lasting implications on corporate treasuries around the world.

Asset management is the hottest sub-sector in FIG investment banking in Europe. Even banks with successful in-house asset managers are thinking hard how to adapt, and must act fast.

The sacking of DWS’s chief executive barely six months after its IPO shows that asset management might not be the great hope for a firm like Deutsche Bank.