Ten Israeli banks have moved into production with Fundtech’s Global PAYplus Liquidity Manager for real-time liquidity management. The company has implemented its solution in these commercial banks as part of the new real time gross settlement (RTGS) regulation in Israel, introduced by the Central Bank of Israel on July 2007. Fundtech’s solution is designed to enable banks to manage intraday liquidity in real time and therefore improve their ability to repay the exchange at day’s end. The company says that the solution also includes the capability to control and centralise all liquidity management needs into one system. This is aimed at ensuring efficient control and management of multi-currency, multi-bank liquidity assets across bank accounts, clearing systems, and central bank channels.
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