TMI | THE SOUTHAFRICANTREASURER 27 NEXT GENERATIONTREASURY There was a time when companies were reluctant to store their data and run their processes electronically, preferring instead the solidity of paper files stored in endless filing cabinets.These days, most companies have become comfortable with their data and processes being stored at their premises in a small, air-conditioned but windowless room full of humming and blinking servers.The servers are not concrete in the way that the filing cabinets once were, but have nevertheless become a tangible representation of the data and processes stored there. By Kelle Gagné, Counsel, Banking Department, Allen&Overy The ImportanceofMoving TreasuryOperations from Servers to theCloud
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