HazelTree, the treasury management solution providers, are set to release Version 3.5 of their TMS software, it has been announced.
The updated version has been developed in response to new regulations and feedback from clients. It includes improvements across the whole platform and aims to provide enhanced flexibility and interoperability. Users will now be able to move securities between Collateral Management and Margin Analytics, as well as benefitting from improved analytical capabilities.
HazelTree’s Cashboard service has also been upgraded to provide new hedging screens and calculations, and to present intra-day balances, whilst its Wire Transfer service has seen extensive improvements to its set-up and execution capabilities. These now offer more pre-formatted files and messages, as well as granular permissions and approval functionality.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Deutsche Bank plans to partner with fintechs that have complementary business models, rather than buying out tech start-ups and competing in the market, bank executives said at press briefing this week. They also discussed future strategies for the technology, securities and payments spaces.
From music festivals to motor racing, events and festivals are an integral part of the move to a cashless society, reports SIX Payment Services.
The US Commodity Futures Trading Commission approved LedgerX as the first regulated clearing house for derivatives contracts settling in digital currencies.