HSBC has signed a deal with IT solutions provider 3i Infotech, to implement Reporting to Clients for its cash management and payments division. Reporting to Clients will be used in conjunction with Client Money Manager (CMM), HSBC’s third-party fund management system.
As part of HSBC’s plans to expand its CMM offering, it is investing in the service, with one of the areas targeted for improvement being statements and reporting.
Ian Hallam, product director for western Europe at 3i Infotech, said: “To date, Reporting to Clients has been predominantly used by investment managers so it is very pleasing to see the use of this application extended to commercial banking.”
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