Mandates for ABN Amro’s fourth party continuous linked settlement (CLS) services have been signed with Indian financial institutions, which represent more than 50 per cent of the Clearing Corporation of India’s (CCIL) member organizations. They are expected to go live with the fourth party services in July. The announcement follows shortly after CCIL awarded a mandate for third party CLS services to ABN Amro. More institutions have already indicated their interest and are expected to sign soon. Sam Zavatti, Financial Institutions and Public Sector at ABN Amro, said: ‘I’m delighted that CCIL’s members have demonstrated the same confidence in ABN Amro that CCIL itself has. As a result of these mandates ABN Amro is now the global market leader for CLS services by number of clients and the dominant provider in Asia.’
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