Bank of America Merrill Lynch’s Global Transaction Services (BofA Merrill GTS) and SunGard’s AvantGard have jointly launched their Asia-Pacific treasury knowledge alliance.
The programme is promoted as leveraging the respective business strengths and networks between BofA Merrill GTS and SunGard’s AvantGard in providing a client-focused platform to connect the market’s experiences and opinions, promote best-in-class practices and help drive enhanced technological innovation within the regional treasury industry.
The two partners will jointly develop and implement the programme to support corporations in Asia as they adapt to increased business demands. The collaboration will bring together the complementary expertise and practical experience from multiple views to provide an Asia-Pacific treasury knowledge platform. The knowledge platform will rely on the collective domain knowledge gained from working with a diverse range of companies throughout the region.
The programme will offer corporate treasurers a knowledge platform that is comprised of Asia-Pacific-focused industry studies, market-inspired thought leadership and editorial content, combined with a series of in-country knowledge-based events.
“Every day we support our Asia-Pacific treasury clients through knowledge – the more we know, the more we can help them to achieve their business ambitions and balance their risk,” said Ivo Distelbrink, BofA Merrill’s head of GTS for Asia-Pacific. “As market sophistication continues to evolve and competition intensifies across the region, treasury knowledge is more reliant on technological innovation than ever before.”
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.