Treasury management systems (TMS) usage by corporate and financial institutions around the world appeared to plateau at the end of 2002, according to research conducted by Greenwich Associates. Forty three per cent of treasury officers at 1,369 large institutions interviewed by Greenwich Associates at the end of 2002 report using a TMS, down from 46 per cent of the same group at the end of 2001. These percentages match up to those for the total number of institutions interviewed, more than 2,200 in 2002. The proportion of TMS users dipped from 44 per cent to 42 per cent in the overall 2002 sample, having risen from 36 per cent in 2000. In a separate survey, Greenwich Associates found that the Australian investment banking market is undergoing a significant decline in fee revenue in 2003. Total fees reported paid by large Australian corporations so far in 2003 are A$770 million, according to Greenwich Associates research, down from A$1.18 billion in 2002. The decline in the average fee paid by each of these companies was also profound, from A$6.8 million to A$5.2 million.
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