Bank Internasional Indonesia (BII), one of the largest banks in Indonesia, has selected Misys Opics and Misys Message Manager products to provide a front-to-back-office system. The bank selected the products to meet new business requirements that call for a wider portfolio of more complex financial products, such as foreign exchange, fixed income, derivatives and structured products. In addition, they form a critical part of the bank’s strategy to address regulatory compliance issues and achieve better automation of its operations. Misys has also won business with the Savings Bank of Albania, recently taken over by Raiffeisen International and now renamed Raiffeisen Bank. The bank has completed the installation of Misys Midas for its Albanian operations. The bank already uses Misys Midas in nine locations of its international bank network, which includes seven sites in Central and Eastern Europe. To comply with Raiffeisen International Group standards, the bank needed to replace the incumbent system with a solution that complied with western banking standards and had the security and integration capabilities to allow the bank to develop its business rapidly across the local banking market.
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