The Bulgarian National Bank (BNB) in Sofia has selected Sterci’s Stematch for reconciliation. Stematch is used for cash and securities positions reconciliation. BNB is also using the Stematch options for interest calculation, long-term archiving and cash management on Nostro accounts. An IT expert at BNB said: “With this Stematch implementation, the main benefits for the bank are the reduction of the operational risks with early detection of exceptions, easy investigations via SWIFT queries and e-mail. We have selected Stematch based on a proof of concept and we have been impressed by the fast project implementation thanks to Global Consulting Ltd, Sterci’s local partner in Sofia.”
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