This is a YouTube video titled "The Next Stage of Technology in Treasury: You Should Know!" containing a monologue or talk from May 30, 2023, discussing the evolving role of technology and programming in treasury functions, the importance of innovation, and the focus on ESG topics for the future workforce in treasury. The speaker reflects on how treasury roles are changing and the need to embrace new skills and innovation.
Foreign. I always like to make the caveat that I'm not technical expert when it comes to technology. I'm a treasure at the core and my interest in technology is mainly driven by what I see can add value to my role, Ferguson and hopefully to the wider treasury community. I'd like to also mention this point, if you like, in terms of treasury historically and certainly in my experience, even five years ago, people coming to Treasure would never have imagined they would be looking to do any type of programming or become a kind of computer geek or any all those kind of terms appreciates that people might want to use. I think today I don't like to use the word programmer because it initially kind of gives you a stereotype. At least for me it does. And frankly, I think whatever discipline you're in today, especially if you're a Gen Z, you know, someone who's coming to workplace in their 20s or whatever, that's not a stereotype or unless a concept alien to them. And so what, what I'll say is that core of what we need to think of in terms of treasury is we need to be open to the future involving some level of programming. For me, ESG is the one biggest single topic that treasury, and not just treasury but corporates are facing today. I have to focus on going forward because that's what the new workforce, the new, in my view, treasures that are coming, the treasures of the future that are coming to the workplace are most interested in and concerned with one of the companies that I attended and the treasure they're shared at our roundtable that he includes as part of the objectives of his team, that they spend at least 20% of their time per year looking at innovation, which I thought was quite radical at that time. And this is going back a few years, that means that they actually go out of the office now. It could be attending a conference or it could be, you know, sort of just to they've seen the solution and thought, well, I want to go and hear what they have to say. But that 20, well, it doesn't have to be 20%. It could be whatever number you want to make, but the concept's there, which is being open to looking at what you could do to improve your role, your processes and obviously add value to your company.
