Xinhua Finance has signed an exclusive agreement with Fermat to distribute and support Fermat’s range of Basel II, risk and performance management software solutions in mainland China. This alliance will expand Xinhua Finance’s offerings for its core client group of investment firms, credit institutions and, especially, retail and commercial banking operations as they move toward compliance with the Basel II Capital Accords and International Accounting Standards. The pact also enables Fermat to extend its presence in Asia to the rapidly internationalising Chinese financial sector. Fermat’s software solutions complement Xinhua Finance’s product portfolio, which includes market indices, financial data banks, credit ratings assessments, financial modelling tools and a market risk management platform. In particular, Fermat hopes that its regulatory capital calculation and reporting solution, Capital Adequacy Directive (CAD) Basel II, will fulfill growing demand in China for Basel II compliance systems before the 2010 implementation deadline.
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