Danske Bank of Denmark has licensed Algo Collateral to be the software platform of choice to manage their OTC derivative and repo-margining activities. The deal marks the first client for Algo Collateral in Scandinavia and reinforces the product’s standing as the most widely used solution for collateral management with 36 global clients. Danske Bank is already an Algorithmics client, having licensed the Algo Market risk management solution in June 2001. Algo Collateral will replace Danske’s existing in-house system. ‘Our current resources and collateral management processes were overstretched,’ said Mogens Dalhoff, First Vice President of Danske Bank.
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