Integrating Cybersecurity and Real-Time Analytics in Treasury Management: Enhancing Liquidity, Optimizing Working Capital, and Mitigating Financial Risks
Kulasekhara Reddy Kotte
Principal Consultant, Cardinal Health International India Pvt Ltd, Bangalore India
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http://doi.org/10.37648/ijps.v16i01.006
Abstract
Treasury management plays a pivotal role in maintaining an organization’s financial stability, ensuring optimal liquidity, working capital efficiency, and comprehensive risk mitigation. As businesses navigate an era marked by digital transformation, integrating robust cybersecurity measures and leveraging real-time analytics has emerged as a strategic necessity. Cybersecurity fortifies treasury functions against escalating cyber threats, safeguarding sensitive financial data and operational integrity. Concurrently, real-time analytics enables treasury professionals to access actionable insights instantaneously, enhancing their ability to make data-driven decisions on liquidity, working capital, and risk exposures.
This paper explores the critical intersection of cybersecurity and real-time analytics in treasury management, providing a detailed examination of their synergistic impact. Through extensive research spanning from 2003 to 2022, the paper identifies the challenges, opportunities, and outcomes associated with this integration. Key case studies and statistical analyses underscore the transformative potential of these technologies in addressing modern financial complexities. Furthermore, the study proposes a comprehensive framework for integrating cybersecurity and real-time analytics into treasury management, emphasizing stages such as assessment, implementation, and evaluation.
Keywords:
Treasury Management; Cybersecurity; Real-Time Analytics; Liquidity Management; Working Capital Optimization; Financial Risk Mitigation
References
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