Sumitomo Corporation, the Tokyo-based trading house, has completed installation of FNX’s Sierra System. Sumitomo is using Sierra to support its strategy of complete STP for its commodities physicals, exchange-traded products and swap trading operations. The solution also allows the trading house to process trades for precious and base metals, commodities, and energy. The Sierra Commodities Blotter, a real-time, cross product portfolio management tool, is a key element of the solution, according to FNX, allowing consolidated, user-configurable trade and position detail views as well as one-click access to trade entry, pricing and yield calculation screens. Sumitomo Corporation is also using Sierra’s Back Office and General Ledger modules to further support automated STP, while the SierraLink interface module enables trade and rate transfers from legacy systems, as well as providing a real-time trade interface to the Tokyo Commodities exchange.
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