The B2 Group said that its B2 ChannelMap Generator mapping tool, a product of 10 years of development in automated messaging solutions, continues to gain traction in the market.
The UK-based group, which provides cloud based payments, foreign exchange (FX) and funds straight-through processing (STP) software and consultancy to transaction banks and corporates worldwide, added that the tool offers mapping of proprietary files, both incoming and outgoing; analysis of file mapping, field by field; management of multiple file formats and versions with confusion; testing, validation and handling of exceptions; and a high level of security and control.
“We understand, only too well, the frustration of banks and corporates who find automation tools on the market can be expensive, hard to deploy and often their users struggle to realise the promised benefits,” said Phil Boland, chief executive officer (CEO), The B2 Group.
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.