Cognotec, a provider of foreign exchange dealing and connectivity solutions, has received a strategic investment of US$14.5 million (Euro 16 million). The private equity arm of Standard Chartered Bank, FinVentures, is providing two-thirds of the new funds, with the remainder of the investment coming from existing investors. The new investment is to fund the continued expansion of Dublin-based Cognotec’s global business. FinVentures will become a minority shareholder and join the board. This is the first investment commitment to Cognotec from outside the G3 zone, and is particularly significant with Standard Chartered’s history and depth of knowledge in the high growth markets of Asia, including China and India and other fast growing economies, as well as leadership in the foreign exchange trading business.
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