The DKSH Group has licensed the eTC treasury system from City Financials for its global treasury operations. DKSH is based in Singapore and will use the system to fully manage the group’s operations throughout Asia, cash and liquidity management, risk management and interfaces to the group accounting system. DKSH will use the system in the central treasury in Singapore, and allow the subsidiaries to access the system within a secure environment using the web browser access. The subsidiaries will fully manage their FX requirements, using templated FX request functionality to inform the treasury centre of FX exposure and hedging requirements. Central treasury is notified of a request on a real-time basis and can then cover the requirement internally or bulk up numerous requests into one trade per currency.
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