Mitsubishi UFJ Securities Intentional (MUSI) has adopted ClusterSeven’s technology to manage its business-critical spreadsheets in order to reduce operational risk. MUSI has deployed the technology in the product control department of its London office with an initial licence to manage up to 200MB of operational spreadsheets. Following an enquiry to Microsoft in the US, MUSI was directed toward ClusterSeven’s technology for its non-invasive capability to offer effective change control of spreadsheets. The investment bank piloted the software on spreadsheets used for structured trade pricing within the product control of the finance department. After 20 days of consultation to identify the critical spreadsheets, it took five weeks and a team of two to implement the solution, which went live in October 2006. According to ClusterSeven, by tracking every amendment MUSI is able to meet the most stringent interpretations of regulatory initiatives on spreadsheet compliance such as SOX and Financial Services Authority (FSA) regulations efficiently without stalling business flexibility.
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