Synapse Technologies Pte Ltd., a subsidiary of Singapore Technologies, and FNX Limited have launched a new trading portal called PrismLight. The 70:30 joint venture commenced trading with a soft launch in November. Participants included nine Singapore Technology relationship banks: Australia and New Zealand Banking Group, Bank of America, Commerzbank, Citibank, Hongkong and Shanghai Banking Corporation, Chinese Banking Corporation, Standard Chartered Bank, Skandinaviska Enskilda Banken and Societe Generale, as well as 4 ST Group companies: ST Treasury Services Limited, ST Assembly and Test Services Limited, ST Engineering Limited, and Chartered Semiconductor Manufacturing Limited. PrismLight’s proprietary application, the ‘Treasury Hub,’ will be offered with FNX’s Sierra ASP product to provide a full range of straight through processing capabilities, from requests for quotes through to deal entry, risk management and accounting. PrismLight members may request prices electronically from multiple banks and from other members for foreign exchange spot, forwards, NDFs, swaps, and money markets transactions.
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