Markit has started publishing index levels for the GEMX, a family of benchmark indices referencing emerging market debt denominated in local currencies. In February 2008, IFC, a member of the World Bank Group, announced the selection of Markit to develop a transparent index of emerging market local currency bonds. The index serves as a benchmark for the World Bank Group’s Gemloc program, an initiative designed to help emerging market countries attract more investment and develop their local currency bond markets. As part of Gemloc, the World Bank Group selected PIMCO to develop and manage investment strategies that will promote institutional investment in the local currency bonds of emerging market countries. The GEMX currently comprises 20 countries. Additional countries are expected to be included in the index later this year.
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