Finance KIT, Trema’s treasury, risk and asset management system, has been chosen by Diageo plc, the company formed as a result of the merger between Guinness plc and Grand Metropolitan plc, to manage its treasury operations. Diageo, which employs 77,000 people around the globe and has a market capitalisation in excess of GBP 26 billion, reported an annual turnover of around GBP 12 billion in 1998. Following the merger, Diageo undertook a project to replace existing treasury technology with a new system capable of running the combined operations. A systems selection team consisting of a treasury specialist from PriceWaterhouseCoopers and members from all areas of Diageo’s treasury function selected Trema’s Finance KIT. Finance KIT was chosen both for its risk management, analytical and workflow automation capabilities and its flexibility to support the ongoing development of the treasury function.
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