Toyota Motor Credit Corp., the U.S. financing arm of the international auto industry giant, used TreasuryConnect LLC’s Internet-based trade execution platform Thursday, August 10, to conduct the first-ever online purchase of an interest rate cap. The transaction was one of two ‘landmark’ trades done over TreasuryConnect during the week of August 7; Xerox Corp. conducted the first online Canadian dollar-denominated interest rate swap Tuesday, August 8. ‘Toyota is excited to be participating in this emerging platform for derivatives trading,’ said Amit Shroff, Treasury Risk Manager, Toyota Motor Credit Corp. ‘We believe the financial world is migrating toward electronic trading platforms, and we are pleased to be evaluating TreasuryConnect as part of our strategy for moving in this direction.’
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