The four new CLS currencies that went live on Monday September 8th were smoothly integrated into the CLS settlement cycle, according to JPMorgan Treasury Services. CLS Bank began accepting trades in the Danish, Norwegian and Swedish currencies and the first settlements of those trades were completed successfully on the following day. Two days later, CLS also began to accept trades in Singapore Dollars bringing the total number of currencies supported to 11. CLS plans to add further currencies in 2004 subject to shareholder and regulatory approval; currently the currencies of Hong Kong, Korea and New Zealand have received approval in principle from the CLS board.
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