According to Greenwich Associates’ latest global study, 44% of the world’s largest institutional treasurers were using some type of treasury management system by year-end 2001, including simple bank systems, more complex treasury management systems, and highly-sophisticated enterprise resource planning systems, up from 36% in year-end 2000. The uptake has become even more pronounced among the largest institutions. Over half of the institutions that trade $1 billion or more in foreign exchange products are using TMSs. 48% of corporate institutions (up from 36%) and 35% of financial institutions (from 33%) use TMS, with banks (53%) and treasury centers (93%) showing the highest levels of uptake. A smattering of governmental agencies also reported strong TMS adoption, with 54% of them so active. Greenwich added that although some names reappear in the top ten lists of system providers in various markets, few systems are globally dominant.
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