Algorithmics has announced that Danske Bank has completed the first phase of an economic capital project that will help the bank meet the Pillar 2 requirements of the Basel accord. This is the latest in a series of Algorithmics implementations at Danske, which include market risk, collateral management, exposure calculation and limits management projects. “Danske Bank uses economic capital to manage its business,” commented Erik Frandsen, first vice president at Danske Bank. “Having a risk-sensitive measure tied to other key elements of our risk infrastructure, such as exposure management and Basel II data warehouse, will improve the information quality and hence our decisions based on this information.”
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