Treasury management

Technology Update
19 May 2014
The Canadian trade finance technology vendor, GlobalTrade Corporation (GTC),  has partnered with Tenzing to provide an independent Software-as-a-Service (SaaS) offering for its @GlobalTrade...
Technology Update
2 May 2014
As technology continues to evolve in the business and consumer space, how is cross-border trade deploying this to drive down finance costs and widen access to trade finance? Kendrick Struthers...
Technology Update
27 April 2014
Industrial and Commercial Bank of China Financial Services (ICBCFS), a wholly owned subsidiary of ICBC Limited, has gone live with DTCC ISO 20022 corporate actions message format using SunGard...
Technology Update
16 April 2014
The European Central Bank (ECB) has awarded a consultancy contract to compliance and payments solution provider, EastNets, to audit its SWIFT operations infrastructure. The contract includes audits...
Technology Update
20 March 2014
Marcus von Rahden has been appointed by SmartStream Technologies, financial transaction lifecycle management specialists, to manage the increased demand in Germany for its back office processing...
21 February 2014
HSBC China has launched a centralised RMB cross-border transaction management solution for its corporate clients in the China (Shanghai) pilot free trade zone (Shanghai FTZ) by delivering a...
Technology Update
21 February 2014
It is ten years since Bacs customers had to start upgrading to Bacstel-IP to achieve improved security and speed of access; and the vast majority have not even considered the solution since. But so...
14 February 2014
Siemens, the German electronics and engineering giant, has confirmed the Chinese renminbi (RMB) is now an additional regular currency for cross-border invoicing and payments. This means the RMB...
Technology Update
28 January 2014
Faysal Bank Limited, a leading Pakistani bank engaged in Corporate, Commercial, Retail and Islamic banking activities, has implemented SunGard’s Ambit Core Bankingsolution to help drive...
23 January 2014
The Chinese renminbi (RMB), the offshore name for the Chinese yuan, has kept its position as the 8th most traded global currency. Over November and December 2013, statistics by the Society for...
dragon china
16 January 2014
Trade finance is seeing an exponential increase in renminbi (RMB) use, the offshore version of the Chinese yuan. The currency was used in 8.66% of letter of credit transaction (LCs) in October 2013...
10 January 2014
The ambitious plan to integrate a payments systems used by 500m people in the EU has fallen six months behind schedule. The European Commission (EC) has extended the time limit for organisations...
Technology Update
30 December 2013
New Turkish e-invoicing regulations come into force in January 2014, as a result of the Ministry of Finance’s aim to close the gap from lost taxation, while allowing companies to strengthen...
China Airlines plane
Technology Update
16 December 2013
Bank of America Merrill Lynch has won a contract with China Airways, the largest airline in Taiwan, to provide comprehensive treasury services. The airline is now using Bank of America’s...
7 December 2013
A recent working capital survey by PwC (Pricewaterhouse Coopers) suggests that if all companies, public sector and private, deployed e-invoicing and achieved close to the best performance in their...
22 November 2013
Carole Berndt, RBS’s new global head of transaction services (GTS) told journalists at her first press round table (20 November 2013) one of the reasons why so many corporates were not...
Technology Update
21 November 2013
With its US$12.9bn asset base, BancorpSouth has built a new stress-testing platform using SunGard’s Ambit Risk and Performance solutions. The new platform will help the bank address Dodd-...
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