Treasury Management Systems Insights
28th September 2018
Designing and rolling out any new reporting process in a large organization can be challenging. In any multinational company, a new process will inevitably require input from many people across multiple locations. In addition, the number of departments that need to be coordinated (IT, finance, treasury, etc.) can make collaboration difficult.
... read more
26th September 2018
Simpler navigation, enhanced user face, and ability to send feedback directly through the app are some of the latest improvements to the CashPro Mobile user experience being offered by the Bank of America Merrill Lynch (Baml).
“The statistics behind mobile adoption are compelling. We understand that clients like the convenience and... read more
25th September 2018
Spend even a short amount of time in finance, and you’ll realize stock and bond investment managers are generally cut from different cloths. The former are often chatty, right-brain types, and the latter more analytical and left-brained.
Both asset classes can accomplish valuable things inside a portfolio, but that’s pretty much... read more
25th September 2018
In banking today, we’re seeing a seismic shift - big banks and tech players are moving their approach from products to services. Doing so offers more flexibility, faster go-to-market agility, and a better consumer experience.
“As-a-service” as we know it has already revolutionised software, platforms, transportation,... read more
20th September 2018
Heavy regulation in an industry is usually synonymous with a large body of standards expected of its participants.
Aviation, for instance, is loaded with rules and regulations on everything from cabin lighting to the number of flight hours permitted between engine overhauls. Partly as a response, virtually every facet of the industry –... read more
19th September 2018
Remittances to Latin America are big business. According to research by The Dialogue, the value of remittances to 17 countries in the region grew by over 8% from 2016 to 2017, reaching over $75bn. This increase far exceeds the World Bank’s forecasted 1.2% economic growth for the entire region and, in terms of scale, remittance growth was... read more
18th September 2018
The recent CIO Survey by Couchbase, the innovative NoSQL database company, found that financial services spent twice the industry average spend on digital transformation in the last 12 months, or $42m compared to the average $24m.
The reason may be that financial services CIOs are investing in the wrong things, according to Jes Breslaw, Director... read more
13th September 2018
Downside protection from interest rates and foreign exchange used to be the core focus of treasury departments, but they have increased their presence at the corporate bargaining table – they too, are profit centres. The demands of corporate treasury have now intensified with the digitisation of reporting tools, forecasting and risk analysis.... read more
12th September 2018
In my previous article, I tried to answer the fundamental question of why anyone would need a token. Today, we know we need it in order to keep our money safe. It is a good time to reflect on some token-related problems and try to come up with a solution.
We will address those problems both from the production and usage sides, which,... read more
11th September 2018
Artificial Intelligence is advancing at an exponential rate across the globe. In the UK, a Government Industrial Strategy is now in place to ensure its success and China’s government has recently revealed a plan committing the country to becoming the world’s dominant player in AI by 2030. Earlier this month, the Bank of... read more