Switzerland’s Bank Julius Baer has awarded ABN AMRO a continuous linked settlement (CLS) third party services mandate following a tender process. Gérard Berclaz, Senior Vice President of Bank Julius Baer, said: ‘This decision is based not only on the need to find a provider that will offer a complete service and is committed to a strong partnership in this area, but also on the fact that ABN AMRO had put the right deal team together, which underlined their commitment to Bank Julius Baer’. ABN AMRO was a founding shareholder of the CLS initiative in 1997. In October 2002, it was approved as a first wave Settlement Member of CLS Bank, following authorisation from the Board of Governors of the US Federal Reserve System. CLS Bank went live offering third party processing late November last year.
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