The operations group of West LB has selected Asset Control’s AC Plus as its consolidated data management platform. AC Plus will initially replace West LB’s existing mainframe-based system Wagner Gattung, which is currently a standard legacy solution for the German market. The company claims a benefit of AC Plus is its ability to add additional vendor feeds, which enhances data quality and breadth of coverage over the standard WM feed to allow for strategic growth. Asset Control will provide West LB with a complete data management solution to distribute cleansed data to all of West LB’s businesses worldwide. The solution links all reference and corporate actions data across its financial markets. This news follows the purchase of Asset Control by Fidelity Ventures in April. Phil Lynch, former CEO of Reuters Americas and a venture partner with Fidelity Ventures was appointed CEO and president.
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