Treasury Management Systems Insights
9th May 2018
Automated FX management and IFRS 9: In the course of a joint development project, the textile machine manufacturer Rieter and the reporting specialist TIPCO have created a tool which not only reflects the company’s FX hedging strategy but also prepares hedge proposals. The tool even takes care of the reporting for hedge accounting in... read more
27th April 2018
“What do we need to do to make the settlement time for securities faster?” “How could we quickly finance trades with short settlement cycles?” These are questions that market participants have been asking themselves since the days of T+5 settlement over a decade ago.
While the global financial services community is... read more
25th April 2018
Reporter Dave Beach had the pleasure of speaking to Dr Marcell Vollmer, chief digital officer at SAP Ariba during the company's event at the RAI in Amsterdam.
bobsguide's Beach and Dr Vollmer are joined by co-host and editor of PaymentEye, Michael Hocking, and together they discuss James Blunt, the fundamental impact of... read more
24th April 2018
SWIFT has today announced that HSBC has joined SWIFT global payments innovation (gpi), joining 50 banks that are already live from 150 that are committed to the gpi project.
Hailed as a “game-changer” by Lars Sjögren, global head of transaction banking at Danske Bank, the development comes at a time when correspondent banking... read more
23rd April 2018
At the end of last year the Basel Committee on Banking Supervision (BCBS) announced the final rules that completed the Basel 3 reforms. Basel 4 - as the latest incarnation has since become known as - was presented at the time by Mario Draghi as “the end of the game”.
A key objective of the revisions is to reduce the excessive... read more
16th April 2018
Capital and securities markets are among the banking sectors that could most enjoy the benefits of blockchain technology, according to speakers at a bobsguide webinar.
Keith Bear, global leader for financial markets at IBM, Dr Lee Braine, blockchain leader at Barclays, and Sophia Grami, CEO and co-founder of Synswap considered the use cases and... read more
12th April 2018
There’s more to a transaction than the simple exchange of goods or services for money. Each is a relationship – an engagement that involves the sharing and exchanging of trust, value, and in some cases, data. That’s part of the reason why it’s so vital to verify customer identities at the onset of a relationship.
Much of... read more
11th April 2018
The Islamic banking and finance industry has been growing at a rapid rate over the last decade – around twice the pace of its conventional counterpart – with the number and geographic reach of these institutions increasing exponentially. The industry’s assets stood at $2trn in 2015 and are expected to top $3.5trn by 2021 according... read more
10th April 2018
When Tom Blomfield, CEO of Monzo, told bobsguide “If we do our job right, we’ll make some of the high street banks extinct”, it sounded like a gutsy gauntlet to throw.
Similar sentiment can be found with the likes of other challengers in the retail banking sphere: Atom, Starling, Revolut and Metro Bank are all looking to... read more
9th April 2018
A number of news stories in 2017 detailed the radical methods being employed to evade sanctions controls, for example, through the transfer of commodities from ship-to-ship in international waters to avoid a vessel entering a sanctioned territory. This trend appears to have continued into 2018, with a recent case emerging in which a ship-to-ship... read more