Cable & Wireless’s Real Time Nostro (RTN) service now has a number of banks live on the system and additional banks have signed-up as users or providers of data. Royal Bank of Scotland, Santander Central Hispano, JPMorgan Chase, ANZ, Barclays and Citibank are all involved with RTN. Mizuho Corporate Bank, Bangkok Bank and RBC Global Services have also agreed to use RTN and are planning to go live on the service. The service offers institutions involved with foreign exchange and other international transactions a new way to share multi-bank, multi-currency ‘Nostro’ account data in real-time. This is in direct response to the banks’ need to improve liquidity management, reduce risk, increase operational efficiencies and respond to customer demand.
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