10 currencies are now eligible for CLS Settlement through CLS Bank. The Swedish Krona, Danish Kroner and Norwegian Krone are being added to 7 other global currencies. Institutions using CLS Settlement remove the time risk when settling foreign exchange transactions. Banks will be able to settle in a new real time five hour window which does not exist in today’s markets, for the first time linking many of the globe’s real time gross settlement systems and ultimately reducing the costs of cross-border transactions.
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