The need to centralise and integrate treasury operations is at the heart of Deutsche Post World Net (DPWN) decision to implement XRT’s Business Exchange Platform (XBE). XBE will form a core element of a centralized global treasury that will connect DPWN, partners and clients, and through its introduction DPWN aims to improve global cash management and visibility. The system integrates with DPWN’s existing ERP and financial systems, and will allow the company to restructure domestic and cross border payments. DPWN will roll out XBE in more than 50 countries across the globe in the next two years and ultimately expects over 1500 users to access the system. In addition to XBE, DPWN has also selected XRT c-Globe$ for centralising financial information from all its subsidiaries and to provide accurate data for business forecasting, planning and decision-making via a single platform and browser access.
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