RMB Asset Management, a wholly owned subsidiary of South Africa’s largest financial services group, FirstRand, has implemented Accurate’s Operational Risk Management product, Accurate NXG, for cash and securities reconciliations. Accurate NXG provides a single reconciliation product for all cash and securities reconciliations as well as a central data source for management information reporting. RMB Asset Management required a solution to centralise its cash and securities transaction processing onto one reconciliation platform. Accurate NXG has replaced an existing third party securities reconciliation system. Beverley van Niekerk, head of investment administration at RMB Asset Management, said: “Accurate NXG meets our specific requirements for a single source for all reconciliations and exceptions, and delivers a consolidated view of transactional risk.”
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