FRS has been selected by Lombard Odier Darier Hentsch & Cie Private Bank (LODHC) to provide a new reporting platform to consolidate the reporting process across an initial six countries in Europe. The decision to implement a new platform was driven by the bank’s growth in Europe over the past five years and the need to streamline the reporting process across multiple regimes. LODHC’s growth in Europe and its entry into major cities meant that it was facing many more and different regulatory reporting requirements than ever before. This meant that the reporting process had become over-complex and the effort required to gather reporting data had increased every time the bank expanded its business presence. The answer was therefore to formalise the process of regulatory reporting and look to become more efficient in the process. FRS FinancialAnalytics will initially be rolled out in Belgium, France, the Netherlands, Singapore, Switzerland and Spain.
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