This represents one of the first contracts of this size to be won by an international bank involving euro banking services. Chase’s centralised euro hub, in Frankfurt, will give J.P. Morgan direct access to the real-time and net settlement systems in Germany and France, as well as CHAPS euro in the UK and the Euro Banking Association’s (EBA) euro clearing system. Other clearing systems in the euro zone will be accessed via TARGET. This arrangement offers in-depth contingency and provides flexible intraday liquidity management capabilities.
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