Global Transaction Services, a line of Citigroup Corporate and Investment Banking together with the Depository Clearing Company, Moscow (DCC), have announced an agreement to jointly provide clients with US Dollar DVP for stocks traded on the RTS Exchange in Moscow. The service will involve a direct link between Global Transaction Services and DCC whereby Global Transaction Services will execute book entry cash payment instructions for its major clients for their settlement of RTS traded securities, and at the same time, the DCC will effect book entry securities settlements for the same clients. Final implementation is due by the end of 2006. This expanded service will provide clients with benefits such as, efficiency in the settlement of dollar traded RTS securities in the same currency, shorter settlement cycle and reduction of settlement fails.
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