The Clearing Corporation of India Limited (CCIL), has signed a mandate for US dollar settlements and clearing services with The Royal Bank of Scotland Group (RBS). This extends a previous mandate with ABN AMRO’s international transaction banking business, now owned by RBS. CCIL was set up by the Reserve Bank of India to guarantee the settlement of debt and FX transactions by being the central counterparty to trades between parties, but also providing multilateral netting services to its members. CCIL is the central clearing agency for USD/INR interbank payments for the Indian banking industry.
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