CLS Bank will be settling up to 90% more instructions a day by the end of 2005, according to new research by TowerGroup. The findings are based on independently conducted research amongst 41 of CLS Bank’s members and 36 customers of members (third parties). The study predicted that the volume of third party instructions would increase by a factor of five by the end of 2006. Usage of CLS Bank by current users is also set to rise, with the proportion of current member respondents settling over 50%, rising from 60% to 89% by the end of 2005, according to TowerGroup.
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