The Corporation of Lloyd’s has signed a multi-year outsourcing agreement to use Automatic Data Processing, a subsidiary of ADP Wilco’s retail and private client transaction processing platform, Tarot, on a service bureau basis. Lloyd’s has used an on-site version of Tarot to support its funds at Lloyd’s management services to Lloyd’s Names since 1999, with Tarot handling the settlement and other market related functions for members’ assets held as collateral against their underwriting business. Under the new agreement these processes will be migrated to the Tarot service bureau. The Tarot service bureau will additionally support remote access for member agents and corporate members; provide extended corporate actions functionality; register members’ assets against other members’ liabilities; and provide an extended reference data repository.
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