Financial Architects (FinArch) and Microsoft, Japan will co-operate to provide solutions corresponding to international accounting standards for financial institutions in the Japanese market.
Currently, many countries and regions have announced their adoption of, or plan to adopt, the International Financial Reporting Standards (IFRS), which Europe started adopting from 2005. Japan has also indicated a policy to obligate listed companies to adopt IFRS in their consolidated accounting, starting somewhere around 2015-2016.
In order for FinArch to develop its solutions in Japan, Microsoft will perform joint sales and marketing activities, as well as partnering with each co-operating partner company in Japan.
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
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