Delek Benelux has selected IT2 to provide a solution for its cash, treasury, risk and treasury accounting requirements. The company is looking for the solution to provide an automated solution for cash management (including liquidity forecasting), deal management, risk analysis, treasury accounting and hedge accounting under IAS39. IT2 will be integrated with Delek’s corporate ERP system, SAP, and the implementation will take advantage of IT2’s flexible reporting capability to generate operational and management reporting to optimise group treasury operations. In a future step, IT2 will be integrated with SWIFT.net when Delek Benelux migrates its bank communications to SWIFT; and the implementation may be further expanded to include the IT2 Commodities Management module.
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