The Commercial Bank of Kuwait (CBK) has licensed Financial Software Systems’ Spectrum Treasury System for use in its headquarters office in Kuwait. CBK will utilize Spectrum to manage all of its trading activity in foreign exchange and interest rate instruments. Spectrum will provide complete processing of all treasury transactions, ranging from deal-capture in the front-office to confirmations, payments and general ledger accounting in the back-office, according to Spectrum. CBK has also licensed Spectrum’s limits management module for credit risk management in the middle-office, and Spectrum’s FX margin trading module to support the collateralized trading of foreign exchange. Spectrum will replace a variety of vendor-provided and internal systems.
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