ABN AMRO has been awarded a third party Continuous Linked Settlement (CLS) services mandate by the Clearing Corporation of India Limited (CCIL). CCIL has chosen ABN AMRO’s Advanced Third Party CLS service, enabling it to go live with all of the organisation’s sixty-plus members as Fourth Parties. CCIL aims to become the cross-currency aggregator for trades in India via CLS. Indirani Rao, Vice President, Clearing Corporation of India, said: ‘CCIL aims to become the one-stop shop for settlement of FX and debt market transactions in India. Our experience of working with ABN AMRO in areas such as USD clearing gave us the confidence to further our relationship by awarding the CLS Third Party Services contract.’
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