We can truly say that, for European projects, the year 2014 started with a bang, obviously under the pressure of the electoral calendar.
As expected, the Trilogue came to an agreement on the Directive on Criminal Sanctions for Market Abuse (CSMAD), put to the vote at the plenary meeting of 4 February. However, the most striking development has been the Trilogue's agreement in principle on the text of the new Markets in Financial Instruments Directive known as MiFID II.
When the Circle Housing group was confronted with the complex new demands of reporting under FRS 102, the treasury team decided to research, select and implement a new technology solution, as the best approach for achieving compliance. A policy decision was taken to adopt hedge accounting, to minimise any profit and loss (P&L) volatility resulting from the group’s derivative operations.
ElectraCard Services (ECS), provider of software and processing solutions for electronic payment systems, today announced that Nepal Electronic Payment Systems (NEPS) has selected ECS’s electra iTx platform to setup a shared switch infrastructure to enable electronic payment transactions. NEPS is a company that is promoted by a group of seven Nepali Banks with the mandate to setup a shared e-payments switch and card infrastructure.
The responsibilities of the treasurer have expanded over the last few years as the disconnect between what a treasurer needs to support his or her broad remit and what the Chief Financial Officer is willing to fund continues to run deep. In this paper, Reval demonstrates how treasurers can frame the business case for transformative technology and sell the value of a strategic investment in next generation treasury technology. Challenges that treasurers face today are different than they were five years ago.
Financial IT speaks with Fiona Hamilton, VP EMEA Operations at Volante Technologies Inc., about innovative approaches to data integration process across the financial industry and the recently launched V5 of the Volante Designer product.
As Vice President for EMEA, Fiona has responsibility for day to day operations within her region and also growth into new services, countries, products and message standards migration within EMEA.
Diasoft, a global provider of cutting-edge software solutions for financial institutions, is shortlisted in “Cloud Computing Innovation of the Year” category of FSTech Awards 2014 jointly with BFA Bank.
ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, today announced that they have undertaken the end-to-end management of NMB Bank credit and debit cards. ECS will offer these services through their world class PCI DSS certified data centre.
DealHub (Option Computers Ltd)announced today that Abu Dhabi based First Gulf Bank (FGB), one of the major leading banks in the UAE, is now using a bespoketreasury managementsolution fromDealHub. The system allows the bank to monitor activity, positions and profit and loss (P&L) across all trading channels in real time.
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