TietoEnator Corporation, based in Helsinki, Finland, announced that International Business Machines Corporation (IBM) of Armonk, New York, has chosen TietoEnator’s SYSTEM10 software, owned and managed by Entra System10 AB of Sweden, a subsidiary of TietoEnator, as its global treasury solution. IBM chose the Entra System10 solution because it is a comprehensive global treasury platform, including full FAS 133 functionality and European accounting functionality, thereby providing a single, cost-effective solution which accommodates both accounting standards. IBM has been using SYSTEM10 for treasury activities since 1995. IBM’s use of SYSTEM10 has expanded from an original installation at IBM’s Treasury Centre in Dublin to include IBM’s main Treasury Operation at its Corporate Headquarters. IBM is able to manage all of its global treasury operations from a single instance of the SYSTEM10 database, located in New York.
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