Telus Communications is using ACL Continuous Controls Monitoring (CCM) technology within two critical business processes – its overall purchase-to-payment cycle and its purchasing card program. These CCM solutions allow Telus to automate internal controls testing, enhance corporate oversight, and support regulatory compliance for Sarbanes-Oxley Section 404. ACL provides business assurance analytics technology for financial management, compliance professionals, and auditors. ACL CCM solutions are designed according to the Committee of Sponsoring Organizations (Coso) framework, which is recognized as the internal controls standard for supporting Sarbanes-Oxley Section 404 compliance. Embedding sophisticated analytics into Telus’s day-to-day operations, the ACL CCM Purchase-to-Payment and Purchasing Card modules allow the organization to efficiently access, compare, and analyze data from multiple systems across the enterprise, and independently validate transactions for compliance with Telus’s corporate controls and business rules.
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