Corporate treasury tokenization, explained
Tokenization is the process of representing cash, deposits, securities, and collateral as programmable digital tokens on a blockchain. It lets treasury settlement happen in near real time rather than the two to three days typical of correspondent banking, while reducing reconciliation effort and freeing up trapped liquidity.
This whitepaper, developed by Standard Chartered and Zanders, explains what tokenization means for corporate treasury. It covers the four core categories of digital assets relevant to treasury, regulated stablecoins, tokenized deposits, tokenized securities, and CBDCs, and how they differ in liquidity impact and regulatory oversight. The tokenized money market fund sector has grown to roughly $13 billion, and a 37-bank European consortium is building a MiCA-compliant euro stablecoin for 2026. This signals fast adoption and the urgency for treasury teams to understand the shift underway.
What you will learn in this whitepaper:
- Why stablecoins and tokenized deposits have opposite effects on liquidity.
- How treasury’s role shifts from executing transactions to orchestrating liquidity, and what that means for governance and custody.
- Why most organizations should expect a hybrid model, traditional and tokenized infrastructure side by side, rather than a wholesale replacement.
- A five-step blueprint for identifying where tokenization solves a real treasury problem.
In today’s financial world, quantitative models are indispensable. They underpin risk management, strategic decision-making, and daily operations. Over the past decade, the rise of cloud and analytics platforms has revolutionized the banking sector.
Download the two-pager to learn more.
Agentic AI is more than a technological upgrade – it is an opportunity to reshape how financial institutions operate. This whitepaper explains what makes agentic systems different, how they can transform core processes, and what institutions need to do to adopt them responsibly and effectively to support agentic systems.
More than analysis, it is a practical guide, providing a blueprint for moving from initial experimentation to scalable, high-value implementation, where the focus is on translating this new capability into measurable value where accountability and reliability are pivotal.
Fill out the form to get access to the whitepaper, or learn more about AI & Digital Transformation.
Effective treasury policies provide clarity, foster accountability and mitigate risk by establishing the framework for decision-making, risk management and compliance. As the Association for Financial Professionals (AFP) notes, “Treasury policies are important because they provide the foundation for effective control over financial and operational activities.”
Fill out the form to get access to the whitepaper.
SAP customers have until the end of 2027 to migrate their systems from the previous version, ECC 6.0, to S/4HANA. This means treasury organizations need to assess and begin this transformation soon.
Amongst the broader rapid transformation of treasury, the shift to SAP S/4HANA represents a pivotal opportunity. Approaching this migration strategically will enable your organization to unlock new levels of efficiency, insight, and value.
This new whitepaper with Citi gives insight on how to approach the migration journey, featuring insights from Citi’s Global Product Director, Ben Turnbull and our Corporate Treasury Advisor Varun Goel, on leveraging ERP migrations like SAP S/4HANA.
What’s inside:
- What treasury needs to know about the transition
- The implications for large institutional clients
- Approaches to migration
- Common challenges
- Opportunities for efficiency, automation, and more
Fill out the form to get access now.
GenAI is rapidly rising up the CEO and CFO agendas and captivating treasury teams for its potential to boost productivity, automate decisions, and simplify processes—potentially on par with past tech revolutions like electrification and the internet. Yet most treasuries are stuck in pilots: production-ready solutions are scarce, only about 5% of projects are scaled with meaningful value, and investment momentum remains uncertain. This is why Citi partnered with Zanders to answer the question: what will treasury look like in 2030?
Dive into insights from surveys and interviews with treasurers as well as a proposed framework to help treasury advance their digital agenda through GenAI.
Ready to learn how to move from experimentation to impact? Complete with insights from surveys and interviews with treasurers as well as a proposed framework to help treasury advance their digital agenda through GenAI, this white paper will help you understand where GenAI truly adds value in treasury. Learn how to de-risk deployment, and the practical steps to scale results and elevate treasury as a strategic partner.
Fill out the form to get access now, or learn more about our AI & Digital Transformation solutions.
Financial Institutions are transitioning to modern data stacks to scale their models and drive business value. While functionality is mostly achieved, cost control and performance is often lost. The ownership of these issues is fragmented, causing spiraling cloud expenses and increasing risk of compute unavailability for core processes. This paper introduces the Zanders Compute strategy to regain control over cloud bills by optimizing models for costs, speed and energy use, without sacrificing compliance and accuracy.
With the 2030 deadline looming for when SAP ends support for previous versions of its ERP, many businesses are considering their options with increasing levels of urgency. In this guide, we share what treasuries that are yet to embark on a S/4HANA migration can learn from those that have already successfully navigated the transition. Zanders has a long history of working with SAP, supporting a wide range of clients on more than 200 large treasury transformations over the years.
Learn more by downloading the guide today.
Your organization has decided to move its treasury and risk management processes to S/4HANA before SAP retires the ERP Central Component (ECC) system in December 2030. But what happens next? Unfortunately, there isn’t a prescriptive, step-by-step formula for a successful migration to S/4HANA. The nature of these implementations mean they follow a unique path based on treasury needs, goals, existing ERP infrastructure and the resilience of data foundations However, there are five common stages we encourage our clients to follow as essential groundwork for their S/4HANA implementation.
Learn more by downloading the roadmap today.
This whitepaper aims to provide a comprehensive guide for financial institutions to enhance their understanding of depositor behavior, improve risk management practices, and ensure compliance with regulatory requirements. Considering these regulatory changes, Zanders outlines strategies to produce robust deposit analytics monthly without the need for continuous new deposit studies. By operationalizing deposit analytics, financial institutions can reap significant benefits, including:
- Developing accurate Interest Rate Risk and Liquidity model parameters
- Offering the marketing team insights into pricing-related client behaviors, aiding in the planning, pricing, and budgeting processes of the bank
- Providing essential inputs for Deposit Run-Off frameworks used in both Capital and Liquidity stress testing regimes
- Streamlining classification for regulatory reporting (e.g., 2052a)
Learn more by downloading the whitepaper today.
