Stockholm-headquartered Swedbank has gone live with NetIMEX, Surecomp’s Internet-based trade finance customer product. Sweden’s fourth largest banking group, Swedbank, known as FöreningsSparbanken in Sweden, was established in 1997 following the merger of Föreningsbanken and Sparbanken Sverige. The bank supports close to 800 branches in Sweden with a further 280 plus branches throughout the Baltic region. Swedbank initially licensed IMEX, Surecomp’s SWIFT ReadyGold, Bolero-accredited back office trade finance system in 2003. Announcing that Swedbank’s first trade finance customer had gone live with NetIMEX, Ulf Myllenberg, the bank’s trade finance/IT systems manager, said: “Following the successful implementation of IMEX and its integration into the bank’s back office we quickly understood that in order to grow profit levels and stay ahead in a market that is becoming ever more competitive we needed to extend the range of our trade finance services.”
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