The two companies will co-develop an enhanced version of the XRT® Treasury Workstation to be implemented January 1, 1999. Texaco joins XRT’s roster of prestigious clients, many of which are Fortune 500 companies. Texaco’s decision to replace its existing in-house integrated cash management system was prompted by the cost to make that system Year 2000-compliant. The joint Texaco/XRT solution will replace Texaco’s existing system’s capabilities in forecasting and cash management, including bank relations, bank polling, account reconciliation, electronic funds transfers, bank account administration and bank account analysis. Certain enhancements will be added to increase the solution’s functionality for Texaco. Later this year, XRT will provide Texaco a first-of-its-kind Intranet/Internet-access capability to allow Texaco personnel to remotely access the XRT Treasury Workstation.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more