Fortis Bank’s supply chain management solutions have provided more that £250m-worth of funding to its UK clients so far this year. Fortis Bank’s supply chain management provides finance and process management support to medium-sized enterprises, mitigating risks and maximising cash flows throughout the trade cycles – from the point of placing an order right through to the physical receipt of payment. This year’s high volumes point to a growing demand among UK medium-sized companies for finance and process management solutions that complement every stage of their international trade cycle. “The performance of our supply chain management solutions is indicative of the direction in which the market is moving,” said Paul Cardoen, managing director of Fortis Bank Commercial Banking UK. “Our clients are telling us they need flexibility, speed and a genuine understanding of their business and finance requirements. They do not want off-the-peg products and companies are right to expect more than that. The trade cycle of every business is unique and requires a flexible combination of finance and process management.”
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