How Should Treasurers Think About Real-Time Data?

In a new article in Global Banking & Finance Review, GTreasury’s Joe Susienka argues treasurers should be cautious about the blind pursuit of real-time data. While speed is valuable, prioritizing data quality and security is even more important.

Treasurers should identify goals and choose data sources that best suit those goals, considering factors like cost and whether real-time updates are truly necessary. Collaboration and the right technology strategy are crucial for effective data management.

Ultimately, near real-time data, combined with complete and accurate information, is often sufficient for informed decision-making.