SWIFT has presented a draft of communication protocol for Clearing and Settlement in response to the Giovannini Report. As a follow up to the Giovannini Barrier 1 Consultation Paper published in January 2005, SWIFT has released the draft of the common communication protocol for Clearing & Settlement in the European Union. This draft is the direct result of work completed by the Barrier 1 Independent Advisory Group (IAG) from July to September of this year. “SWIFT appreciates the contribution of the individuals who served on the IAG” says James P. Donovan, head of Securities Industry Division, SWIFT. “They have played a key role in devising this protocol which, we believe, will eliminate Giovannini Barrier 1”.
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