A group of market professionals representing the bank, broker and technology communities has formed under the banner of The Trader Notification Service Consortium. The group has launched a real-time post execution messaging service that will allow banks to receive, view, accept or deny deal details provided by voice brokers. The solution, which will also help automate the deal entry process according to the group, utilizes City Networks’ CityNet Trader Notifications platform to enable banks using the message service to release deals into internal systems and observe a single view of trades across all brokers and all trade types. Commenting on the release, Eric Pfennig, Head Trader at HVB – a member of the consortium – said: ‘The Trader Notification Service will allow us to enjoy the same benefits we receive from an electronic execution system, but at the same time maintain all the advantages of operating with a voice broker.’
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