Bank of America’s London-based Global Funding Desk has installed Anvil’s ARTS solution for repo trading of European governments and corporates as well as US products in Europe. ARTS, a real-time front and middle office trading system for international repo and securities finance, has already bolstered the bank’s volumes, according to Tom Brady, head of the Global Funding Desk at Bank of America: ‘Since installing Anvil ARTS for US domestic repo, we’ve increased our daily trade volumes in excess of 350% while cutting our costs by about 30%.’
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