IntraNet Worldwide has announced that Investors Bank & Trust Company (IBT) has implemented its iMTS FileAct solution. As the primary subsidiary of Investors Financial Services Corp., IBT provides a range of facilities to financial asset managers, such as global custody and multi-currency accounting, and services including mutual fund administration, securities lending, foreign exchange, and cash management. Due to rapidly increasing financial message volumes from several large clients – as much as 2,000 per cent since 2003 – IBT sought a way to deliver financial statements, specifically statements of holdings messages, while upholding service level agreements and ensuring timely delivery of those messages. Intranet said that the IBT was able to leverage the iMTS FileAct module to take full advantage of expanded messaging and reporting capabilities while FileAct’s connectivity and batching capabilities were able to complement IBT’s current SWIFTNet delivery mechanisms.
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