Treasury Tech in the Fast Lane: Real-Time Data, APIs, and the Future of Finance
If you had to pick between a VCR or a streaming platform, you’d likely pick the streaming platform (who doesn’t enjoy a good binge-watching session?). We often opt for new tech to be more efficient. When evaluating treasury systems, like a TMS, the goal should be to choose a modern platform that levels up your efficiency. In this episode, JD and Brett interview John Bolden, the Treasury Director at City Storage Systems, to discuss how APIs are revolutionizing treasury operations and how this cutting-edge technology is creating a wave of new possibilities in finance.
Episode Highlights
- John’s insights on his experience with API implementations.
- The evolving finance landscape and its impact on agility through custom solutions.
- John’s perspective on the transformation of the treasury role in recent years.
- The future role of treasury in the realm of real-time payments.
- The potential value of generative AI and the necessary steps for validating its use in Treasury.
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Show Notes / Resources
Read the full transcript.
Learn more about Trovata at https://trovata.io.
About Fintech Corner
A podcast for fintech lovers that starts conversations between bankers, financial technology innovators, and their clients to evolve finance and treasury for the 21st century. For decades, there has been a gap between the technology that banks can offer and what corporate clients need for modern cash flow management and analysis. We’ll cover emerging trends to help bridge this gap, technologies that can reshape the roles of treasury & finance, and the in’s and out’s of API bank connections & open banking.
Joseph Drambarean
CPO & CTO, Trovata
Joseph Drambarean is the Chief Product Officer as well as Chief Technology Officer at Trovata. Joseph is one of the founding members of the company and the first engineer. Before Trovata, he worked with companies like Capital One where he was at the forefront of digital transformation, leading product management as head of the innovation labs and mobile banking teams. Joseph is driving innovation around rapid deployment and customer onboarding, bank-grade security, and machine learning at Trovata, creating a more consumerized user experience for customers from small businesses to enterprises.
Brett Turner
Founder & CEO, Trovata
After starting his career as a CPA with the Deloitte audit practice, Brett gained progressive experience in corporate finance and accounting managing SEC reporting for Amazon and then becoming VP of Finance for Worldwide Packets (sold for $300M+ in 2008). Across his last three roles as a startup Co-Founder / CFO, Brett has raised over $100M in equity and venture debt financing while helping create over $500M in shareholder value. Today, he is the founder and CEO of the cash management platform, Trovata. Brett is a Seattle native, with a BA in Finance from Seattle Pacific University.
John Bolden
Director of Treasury, City Storage Systems
John Bolden is a finance professional with 20 years in all sects of finance at both public and private companies. He has supported multiple IPO transactions, and led multiple finance transformation projects. He is an avid supporter of technological advancements to improve the speed and accuracy of strategic financial decisions.
