SunGard Asia Pacific announced that Affin Bank Berhad, a leading Malaysian bank serving both retail and corporate customers, has selected SunGard’s AvantGard to help manage its bank-wide treasury operations. AvantGard-Quantum will provide straight-through processing capabilities thereby assisting Affin Bank improve its operational efficiency. AvantGard will provide front-, middle- and back-office management, including deal capture, monitoring, modelling and forecasting, reporting, transaction and settlement processing. Tan Kok Toon, head of treasury at Affin Bank, said: “In seeking a solution it was important that we not only managed the traditional treasury operations, but that our partner understood and could readily manage local requirements such as Islamic Banking and Bank Negara regulations.”
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