US companies are receiving better service from their cash management providers according to a report from Greenwich Associates. In the firm’s 2004 cash management research, 82 per cent of companies said their cash management providers have delivered ‘above average operations performance’, a significant increase from the 2003 level of 70 per cent. Nearly a quarter of the companies participating in Greenwich’s research said that their banks’ service quality improved noticeably in the last 12 months. “Cash management providers are delivering better service, and their clients are reciprocating by giving them additional business,” says Greenwich Associates consultant Pete Garrison. “This is especially the case where banks have developed advisory-style relationships.”
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