XRT’s Enterprise Suite has been choosen by Teekay Shipping to centrally manage its global treasury operations, including cash, liquidity and risk. “We chose the XRT Enterprise Suite because of its integrated communications module and its ability to manage cash,” said Vince Lok, senior vice president and treasurer of Teekay Shipping. “XRT’s experience in dealing with foreign banks and its strong presence in Europe were also important considerations in our decision,” he added. With operations in 14 countries, Teekay will utilize the XRT platform to automatically link information from Teekay’s banks to its corporate accounting system in Canada. This includes debt, investments, foreign exchange and other treasury activities. As a result, Teekay expects to be able to eliminate a number of manual processes, which will improve data integrity and save time and money.
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