First Chicago Tokio Marine Financial Products Co., Ltd (FCTM), a joint venture between Bank One Corp. and Tokio Marine and Fire Insurance Co., announced a decision to implement front-to-back modular software solutions from Summit Systems. FCTM said it intends to ‘reap cost-efficiencies and performance advantages’ from Summit’s integrated, real-time STP platform. Trading capabilities will include support for listed futures, OTC options and derivatives, and credit instruments. Parametric Delta/Gamma/Vega VaR and optimized Monte Carlo VaR lead the list of advanced risk management analytics, while Summit’s STP workflow servers mediate the lifecycles of trades and portfolios maintained within the system.
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