Aite Report: Treasury Intelligence Management Systems

A new report from Aite Group provides an overview of the global treasury management system (TMS) market and profiles eight technology solution vendors. It also introduces the next frontier of TMS – the treasury intelligence management system (TiMS) – and details Aite Group’s TiMS Readiness Index, which can be used to assess the extent to which solutions have evolved toward TiMS. The report is the first in a series of Aite Group reports on treasury intelligence management systems.

Software solutions for treasury have evolved from basic standalone treasury workstations (TWS), which automated treasury operations and generated accounting entries, to today’s interconnected TMS, which provide a much wider range of standard functionality, including cash management, forecasting and risk management tools. This evolution – from business efficiency to business compliance – is now giving way to the next phase in treasury solutions: TiMS. TiMS will add sound business decision-making to treasurers’ objectives for their technology solutions. While no solution vendors in the market currently provide a full portfolio of TiMS features, many are moving toward providing such offerings in the near future.

“The value of a treasury transaction is not in its execution, but in the information that accompanies the transaction,” said Enrico Camerinelli, senior analyst with Aite Group and author of this report. “The intelligence generated through this information serves as the foundation of business decisions. TiMS will integrate and extend the traditional, operations-driven functionalities of a TMS with features that allow better information to generate intelligent decision-making.”

The report profiles eight vendors and assesses their TiMS functionality using the Aite Group TiMS Readiness Index. Profiled vendors are Bellin, Fundtech, IT2 Treasury Solutions, Kyriba, Polaris, Reval, SAP, and SunGard.


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