The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it has advanced to the testing phase of its ground-breaking project to re-platform its credit derivatives Trade Information Warehouse (TIW) on distributed ledger technology (DLT) and cloud. 

I know what Artificial Intelligence (A.I) is and I see Robotic Process Automation (RPA) in the press all the time, I hear you say, but can these new technologies really make a difference to my business’s management of our finance processes?

Let’s explore the technology first, then look at the challenges in finance and accounting that A.I and RPA go some way to meeting. 

The difference between A.I and RPA

Bonn. Gartner has positioned the SER Group as a Challenger in the newly published 2018 Magic Quadrant for Content Services Platforms (CSP)*. The SER Group, the only European ECM vendor among the Challengers, credits the positioning to its strong international market presence, clear vision and diverse product attributes.

Wolters Kluwer Compliance Solutions today named both Citizens National Bank of Meridian, Miss. and Boston-based Eastern Bank as winners of its 2018 Community Impact Award. The award honors financial institutions for the breadth of their positive impact to low- and moderate-income communities, and their innovative application of community development programs where they do business. 

Automated Know Your Customer (KYC) solutions provider, Cynopsis Solutions, today announces that it is launching its Europe, Middle East and Africa (EMEA) operations from new offices in London.  

AxiomSL, the leading provider of regulatory reporting and risk management solutions, announces today that Openbank, the digital bank of Santander Group headquartered in Spain, has selected AxiomSL’s strategic platform to implement Central Bank, Capital, Liquidity, Trade and Transaction and AnaCredit reporting on a global level, for both European and South American countries.

As a Money 20/20 series regular, arriving at this year’s show in the ever-buzzing Las Vegas, I prepared myself for four days packed with futuristic visions and startling concepts for how we might be paying in fifty years’ time. Bizarrely refreshingly, however, was the return to the near future. Or, rather, the realization that those topics once considered shiny and futuristic were now making real progress on the path to consumers.  

ChinaPay, a Chinese financial services and payments provider, and PPRO Group, a cross-border e-payment specialist, announces today a partnership to bring over 15 European alternative payment methods (APMs) to ChinaPay’s Chinese merchants. The partnership will help to expand the merchants’ customer reach across Europe, with the possibility of adding additional APMs in the future.