City Networks has announced an increase in both revenue and operating profit over the 2002 financial year, making 2003 the fourth consecutive year of growth. For the fiscal year ending June 2003, City Networks delivered a positive financial performance with revenue in excess of US$21,800,000 and an operating profit of over US$4,000,000. The latest results contribute to a compound annual growth rate between 2000 and 2003 of 8 per cent and 16 per cent for revenue and operating profit growth respectively. 2004 will see the company concentrate on initiatives focused on real-time cash and exposure management. Developments in the treasury and derivatives sectors will continue with announcements to come on trader notifications, electronic trading integration and financial messaging, said the company.
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