China-based Zhejiang Bank (CZ Bank) has chosen Misys Banking Systems to provide its treasury management system, Misys Opics. After evaluating several software vendors, CZ Bank chose Misys because of its experience in China and its partnership with the systems integration partner Singlee. A spokesperson for the bank said it needed a system that could provide straight-through processing (STP) along with instruments across front, middle and back office operations. With its high credit limits, the bank also requires a solution to minimise its risk exposure throughout the business. Misys Opics will provide smooth processing within the bank, integrating nine separate systems, including local treasury, payments, general ledger and the information system currently in place. The bank will be able to connect its traders, risk managers, back-office operators and financial personnel on a single system throughout all stages of a trade lifecycle.
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