A treasury engine should comply with several standards to ensure efficiency and security. Key standards include SWIFT for secure financial messaging, ISO 20022 for electronic data interchange between financial institutions, and PCI DSS for secure handling of card information. Additionally, adherence to IFRS or GAAP standards is necessary for financial reporting accuracy. Compliance with these standards helps ensure that the treasury engine can effectively manage financial transactions securely and efficiently, and that it meets global financial reporting requirements.
Key Takeaway: Compliance with key financial and security standards ensures reliable and secure treasury operations.