CenterState Bank of Florida has engaged Abel Solutions, an application developer and Microsoft SharePoint solution provider, to develop a technology platform that will support a complete clearing/cash management programme.
The programme will include settlement (account information and reporting), fed funds, sweep, wire transfer, automated clearing house (ACH), Federal Reserve Bank (FRB) services, Office of Foreign Assets Control (OFAC) capabilities and international services. CenterState Bank is adding this key functionality after the management lift out of several key Silverton Bank employees gave it the capacity to expand its service offerings through its correspondent division.
“A robust clearing/cash management program is critical to our ability to offer a fully comprehensive correspondent product suite to our customers,” said Kellie Endres, senior vice president of CenterState Bank.
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