The Royal Bank of Scotland (RBS) has launched a web-based tool to perform hedge effectiveness tests for a range of interest rate and currency derivatives. The IAS 39 Toolkit has been designed to help customers carry out hedge effectiveness assessments, the more technical and computationally intensive of the IAS39 hedge accounting requirements. The solution will be offered to RBS corporate customers across the bank’s global markets. Commenting on the announcement, John McCormick, Global Head of Sales & Marketing Financial Markets, said: “We recognise that IAS 39 will have a significant impact on our customers. This complex piece of regulation is forcing many of our customers to rethink and review their funding and hedging strategies.”
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