The system will initially be offered to 23 regional institutions currently using NTT DATA products, with the goal of expanding the reach of the system both across instrument coverage and to new institutions. The service will provide Sierra Treasury’s full range of trading, risk management and back office capabilities on a fully outsourced basis. Initial products to be covered include Interest Rate Derivates, FX Cash, and FX Options with future offerings of Exchange Products, Fixed Income, and Equities coverage. The service is slated to go live in August and will be rolled out to beta clients shortly. The demand for improved risk management in the Japanese market has risen due to the increase of rigorous monitoring by the Financial Services Agency of Japan. Firms are increasingly using trading and risk management practices to help maintain capital adequacy ratios and to monitor operational risk.
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