United Bank Limited (UBL) has implemented the Principia System for managing its derivatives business. The bank is the first one in the country to adopt derivatives in its trading and risk management practices. After an extensive review of derivatives risk management system, the bank selected the Principia System on the basis of its broad functionality and ease of installation and maintenance. As the swap market continues to evolve in Pakistan, the system will enable UBL to strengthen its first-to-market advantage in the Pakistani derivatives market. It will enable the bank to more accurately price, risk manage and account for a wide array of derivative instruments. Principia System’s core application met all of UBL’s business functional requirements for end to end processing.
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