Bombardier, a manufacturer of transportation solutions, has selected XRT to automate and streamline its North American treasury operations. The company operates on five continents, predominately in North America and Europe. Bombardier maintains two treasury offices, one at its headquarters in Montreal, Canada and one in Zurich, Switzerland. The Montreal office manages the global exposure of risk and is responsible for treasury operations in the Americas while Zurich services Bombardier’s treasury operations elsewhere in the world. The Zurich office has been using XRT to automate its treasury operations since 2001. The Montreal team manages the global cash position, as well as investments of more than $100m a day. Bombardier expects XRT will allow its Americas treasury operation to obtain more timely information, allowing them to manage working capital assets better.
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