FinancialCAD announced its enhanced Fincad.net solution for providing independent, accurate financial instrument valuation technology to companies needing to improve the quality and regulatory compliance of their financial reporting. The new functionality, including expanded interest rate and commodity coverage, will make it easier for thousands of organizations to comply with the new accounting regulations, such as FAS 133 or IAS 39, that now make the reporting of derivatives at fair market value a global requirement. For service consumers, such as corporate treasuries, Fincad.net offers an outsourced financial instrument management solution. Such organizations simply apply for a Fincad.net account and get immediate access to all services on the system including the enhanced functionality to mark derivatives to market, test for hedge effectiveness and report changes in value on a quarterly basis as required by the FAS 133.
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