Bangkok-based Bank Thai is to deploy its Sierra Treasury solution for use in the bank’s treasury department. Bank Thai personnel will utilize Sierra Treasury for a variety of functions: trading, accounting, risk management, and general ledger processing. FNX’s Sierra Treasury product has been built with ‘three-way STP’ – which encompasses three distinctive aspects of the system’s operation. The first applies to the traditional concept behind straight through processing, where a solution is able to process a transaction through its entire lifecycle. The second aspect of three-way STP describes the system’s ability to support a variety of financial products, meaning that a client need only utilize one solution to process diverse financial instruments. The third aspect of three-way STP focuses on a client’s ability to deploy the system’s across a variety of different physical locations or branches and yet view the daily operations, transactions, risk exposure, etc. for the entire organization as a unified whole.
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