Bank of America is to adopt Cable & Wireless Real Time Nostro (RTN) as a new platform for the provision of intra day nostro account information to its financial sector clients. This brings the number of leading financial institutions who have agreed to provide data to RTN to 11. Bank of America will be providing data on its US dollar accounts and all other major currencies served by its international branch network. The bank will use Cable & Wireless RTN to expand the delivery of account information to its institutional clients worldwide who subscribe to the service. Karen Healy, senior vice president, head of FI/FX product management, Global Treasury Services, Bank of America, said: “We recognise our clients’ growing need for efficient delivery channels, providing real time information and improving the reconciliation process. We want to expand our existing suite of real time information streams and are pleased to join with Cable & Wireless in this exciting initiative.”
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