The German-speaking software developer ecofinance has introduced a new module for commodity management. The ITS Commodity Management Tool is used to hedge the risk of raw material pricing and was showcased for the first time at the 20th Finance Symposium in Mannheim. The administration, management, analysis, control and evaluation of raw material transactions are supported within the solution – one of more than 20 modules it includes. The company says that this new module supports commodity requirement planning as part of liquidity planning based upon quantity or contract volume. Commodity transactions are created by selecting appropriate attributes in the system. Datasets remain flexible and can be edited at any time. All steps are logged in an audit trail.
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