Industry 4.0, Change in the Global Economy and the Future of Treasury
Be it political or economic risks or changes to business models in response to technical innovations: they all have direct, sometimes significant effects on the activities of Treasury.
The Treasury Forum held at KPMG Munich on 23 February 2016 focused on the underlying developments and putting them in a larger context with a view to 'the World in 2035' as well as highlighting and deriving possible and necessary specific actions. More than 30 participants – mainly Heads of Treasury of DAX and MDAX companies – had the opportunity to attend three presentations:
This was followed by a podium discussion in which the three presenters answered questions from Christian Debus (Partner Finance and Treasury Management) and the audience. It was fascinating to see how close futurology has come to current issues that arise for Corporate Treasury from the effects of increasing regulation of the financial sector combined with the emergence of fintechs.
"Not only did participants consider this a very successful event because they were not bombarded with technical details for once, but also because there was room to discuss their own field of activity" said Carsten Jäkel, who added: "The fact that KPMG has access to a futurologist, Dr. Heiko von der Gracht, was also very well received".
It is planned to repeat this event during the year in Düsseldorf, and also in Stuttgart, as required.
Source: KPMG Corporate Treasury News, Edition 53, March 2016
Author: Carsten Jäkel, Partner, email@example.com
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