Borealis, a provider of plastics solutions, has selected IT2 as their treasury management system. IT2 will form the central control hub for group-wide treasury operations, which are being re-insourced. It will support treasury activities in Mechelen, Belgium and Linz and Vienna, Austria. In fiscal 2006, Borealis’ sales were approximately €6bn. The company chose the solution in particular for its reporting function. The central IT2 system will integrate with SAP, electronic confirmations, FX and money market dealing portal and cash management banks. IT2 is designed to automate front and back office operations, debt management, cash and liquidity management, risk management and the associated accounting and hedge accounting.
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