Reval has upgraded its HedgeRx solution, releasing version 8.0 with a credit default swap module. The new version also includes further enhancements to its FAS 157 module, along with advanced hedge accounting functionality. Reval clients will have received the upgrade through the company’s Software-as-a-Service platform. It is the 27th consecutive version upgrade of the solution since 2001. Many companies have been reporting on FAS 157, a fair valuation disclosure, for the first time from 31 March, meaning that they now need to include the credit and liquidity component of the fair value of their derivatives and any other assets or liabilities that have previously been mark to market. Fair values also need to be tagged with a Level 1 through 3 tag, depending on how reliable the fair value is deemed. The upgraded solution is designed to tackle such problems.
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