Tesco has selected SunGard’s AvantGard to provide it with both a hosted treasury management solution and an integrated platform for SWIFTNet messaging and connectivity. Seven years ago, Tesco selected SunGard’s AvantGard as its treasury management solution. Tesco has now expanded this relationship by opting to have the vendor host its AvantGard solution, helping Tesco’s staff concentrate on its core competencies while reducing its reliance on local IT resources. The hosted solution offered by SunGard helps provide secure online customer access with a single point of contact for all support elements. Chris Rowland, treasury manager at Tesco, said, “With a platform now in place that can be expanded for global reach, we are able to input forecasting data from subsidiaries in China, Thailand and Poland. This is increasingly important as our business in those countries continues to expand at a rapid rate.”
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