Standard Chartered has been appointed as the clearing bank for the Dubai International Financial Exchange (DIFX), the stock exchange located inside the Dubai International Financial Centre (DIFC). The DIFX plans to begin trading securities on 26th September 2005, using the US dollar. It chose Standard Chartered in preference to rival bids from a number of other international banks. As the DIFX’s clearing bank, Standard Chartered will process all cash receipts and payments for DIFX-appointed settlement banks under a tri-partite agreement between the DIFX, the clearing bank and each settlement bank.
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