An upgraded version of CityNet Conversation Checker is to be launched by City Networks that will include currency options. ‘The addition of currency options gives [our clients] a greater return on investment for a missed options trade than for FX and money market transactions, due to the greater level of complexity,’ commented Janet Yagle, City Networks Managing Director for North American activities. CityNet Conversation Checker automatically stores, analyses and reconciles dealing error conversations with tickets from Reuters, EBS and online trading systems. Errors such as missed trades can be highlighted and non-trade related conversations can be managed automatically, allowing users to concentrate on exceptions, according to City Networks. Previously, automation covered foreign exchange (FX), FX swaps money market and call deposits. City Networks will start with the addition of vanilla currency options and plans to expand to more complicated instruments such as exotic options and interest rate swaps.
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