Most corporate clients want to improve the straight through processing (STP) rate between their back office and the bank, according to a survey conducted by Fundtech. The survey polled 58 senior level managers from 22 of the world’s most influential banks in December. All of the respondents said that their corporate clients are aware of the STP rate between their back office and the bank and that 54 per cent of them are actively working to improve this rate. The survey also revealed that 55 per cent of the respondents’ institutions are more interested in outsourcing this year than last year, but only 13 per cent felt the potential for outsourcing had decreased.
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