The new release sees the introduction of over 325 new application features including enhanced risk management functionality, as well as support for a range of new instrument types, and a number of technology enhancements. New instruments supported include credit derivatives, debt issuance and mortgage and asset backed bonds. In addition, a Commercial FX module has been introduced, dealing specifically with the high margin, corporate area of foreign exchange. The System has also been upgraded to support Continuous Linked Settlement (CLS), in preparation for the changes in multi-lateral netting at the end of this year. Furthermore, a number of new applications have been introduced allowing firms to manage their risk more effectively, including Banknotes Risk Consolidation and Multi-Level Liquidity Risk Drill Down. New technology enhancements include an updated user interface with increased security, greater flexibility for information display, improved reporting functionality, and the ability for authorised users to gain full access to the system via a web browser.
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