Shell has gone live with the Cadis EDM platform for its global treasury department. The success of the London-based implementation provides a consistent, real-time view of relevant data to all global treasury applications and over 30 different enterprise resource planning (ERP) systems across the entire company.
“As global reform heightens, including more rigorous international regulatory controls, data governance will be at the crux of accurate treasury operations,” said Daniel Mayo, practice leader for financial services technology, Ovum. “Processes and people need to be properly aligned to a deadline-driven environment. Firms can’t wait until the last minute to act – proactive companies are reviewing and investing in their data management technology solutions now.”
“Our business philosophy is all about empowering users to take control of their data,” said Franck Willaime, managing director continental Europe at Cadis. “Shell’s comprehensive data management structure means that it can easily leverage its FX and rates data to continue to provide accurate information for invoicing and financial statements across the enterprise.”
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