The Islamic Development Bank Group (IDB Group) has signed a service agreement with Misys for enhancing its treasury and investment departments.
Under the agreement, Misys will provide various solutions including Opics Plus, Opics Risk Plus, Sophis VALUE and Eagleye to enhance the capacity of the treasury and investment functions, in order to serve IDB’s clients more effectively and make its internal processes more efficient as part of the IDB Group Business Enhancement and Systems Transformation (GBEST) programme.
Misys said that by automating its internal processes and managing the treasury and investment operations on a single platform, the solutions will enable IDB to monitor and report risk exposure across the IDB Group. The Misys solutions will fulfill the IDB Group treasury and investment needs for straight-through processing (STP) across the entire operations, including analysis, trade execution and risk management.
Rising interest rates, excitement around blockchain use cases and cross-border payments were all hot topics at this year's AFP conference in San Deigo.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.