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After testing the concept with corporate treasurers and through direct conversations with banks and software vendors at SIBOS earlier in September I am confident to anticipate that Treasury information Management System (TiMS) is the new frontier for treasury management systems (TMS). In my perspective a TiMS does not replace a treasury workstation but it integrates and extends the traditional operations-driven functionalities (e.g., internal data control, reconciliation, and reporting) of a TMS with added features.
To assert that TiMS is moving from the conceptual into the factual stage the descriptions of the TiMS “ecosystem” applications that follow are included with examples and names of TiMS-like solutions already available in the market today.
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