The Shariah-compliant version of Standard Chartered Bank’s Online Treasury (OLT) proprietary foreign exchange trading and hedging platform has been re-launched under the bank’s global brand for Islamic products – Standard Chartered Saadiq. OLT is integrated into the bank’s Straight2Bank platform. The online FX service delivers automated prices from Standard Chartered Bank’s trading floors straight to any desktop. It leverages the bank’s comprehensive coverage of the global FX markets supporting spot, forward and swap pricing in over 100 currencies, 24 hours a day. Standard Chartered online services in Islamic FX utilise the Wa’ad structure to allow Islamic companies and institutions to hedge forward FX exposures under a Shariah-compliant structure.
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