Wall Street Systems (Wallstreet) has signed an agreement to acquire the assets of Aleri Global Banking (AGB), the wholesale banking division of Aleri. AGB has more than 25 years heritage in providing transaction processing infrastructure to many large global banks. AGB’s solutions account for more than US$10 trillion in transactions per month. Wallstreet solutions also have the capacity to handle high volumes, with its banking solutions processing up to half a million transactions valued at over US$2 trillion each day. Terms of the transaction were not disclosed. The transaction is anticipated to be completed by the end of May and the integration is expected to be completed by the end of the 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