German bank Bankgesellschaft Berlin (BGB) has gone live with Trema Finance KIT in a bid to improve efficiency in managing its back office function. The system implementation was part of a strategic decision at BGB to effect significant cost savings by streamlining operations. Trema Finance KIT interfaces to over 20 internal systems, across front, middle and back office at BGB enabling straight-through processing throughout the financial operation. As well as covering its back office requirements, BGB uses Trema Finance KIT as a permanent settlement system. The Bank imports all reconciliation items from other payment systems and performs first settlement management reconciliation with Trema Finance KIT.
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