Lebanon & Gulf Bank (LGB) has selected Misys Almonde to comply with Basel II regulatory requirements and fulfil its asset liability management requirements. The bank, which provides a full range of financial services to corporates, institutions and consumers in Lebanon and abroad, runs its core banking operations on Misys Equation. It will install the Misys Almonde platform in its headquarters in Beirut, integrating it with Equation and other market data systems in use at the bank. The integrated risk management and compliance platform from Misys will automate regulatory reporting within the bank. LGB has also purchased an anti-money laundering solution to enhance the processes around customer acquisition and verification, monitor suspicious activity and check customers against known watch lists in order to minimise potential risks to the business from fraudulent activity.
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