Sparkassen Informatik, IT provider to 235 German savings banks, has chosen SimCorp Dimension as its platform for market risk management within portfolio management. The scope of the agreement is an ASP solution providing the 235 banks with SimCorp’s investment management system, SimCorp Dimension. The centrally operated system solution will comply with the requirements of savings banks within securities trading, SimCorp said. The company has also announced a second new client – a pension fund for a Dutch multinational company has also chosen SimCorp Dimension for its front, middle and back office operations. As a result of these two new orders and strong growth throughout the year, the company has increased its expectations for this year’s financial performance – upgrading the expected EBIT margin for 2004 from approximately 15 per cent to the 18–20 per cent range.
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