The Asian operation of a Tier 1 European bank has selected SmartStream’s TLM Corporate Actions to improve processing efficiency throughout the corporate event lifecycle and reduce risk. The bank’s operations in Hong Kong, which serve as a regional hub for Asia, sought to replace its existing manual corporate event processing with an automated solution. This would enable the bank to scrub and cleanse event notifications from multiple parties including custodians, Bloomberg, and several stock exchanges more efficiently. The bank has selected SmartStream’s TLM Corporate Actions to deliver an automated end-to-end processing solution. During the selection process, SmartStream was deemed to have the most functionally rich solution available to match the bank’s needs, enabling automated processing of initial event notifications, elections, entitlement calculation and payment notifications.
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