BofA Merrill Lynch launches Instinct® Loans
- 10 years 4 months ago
- Trading Systems, Transaction Banking, Cash management
Bank of America Merrill Lynch today announced the launch of a new electronic platform, Instinct® Loans, for the secondary trading of syndicated corporate loans. The platform, which is part of the firm’s ongoing commitment to providing liquidity to clients, strives to simplify and enhance the market by combining innovative technology with market-leading sales and trading professionals.
Glory Global helps Metro Bank to Transform its Branch Operations
- 10 years 4 months ago
- Transaction Banking, Cash management, Banking
Metro Bank, the UK’s leading challenger bank, will begin deploying Vertera 6G Teller Cash Recyclers from Glory Global Solutions across its new stores opening in 2016-17, as well as replacing older technology in a number of their existing locations. Metro Bank is a new customer for Glory and the agreement reaffirms Glory’s position as the leading supplier of TCRs in the UK.
C3 Financial Helps New Banks to Achieve Cash Management Efficiency
- 10 years 6 months ago
- Transaction Banking, Cash management
$7.9 billion Renasant Bank based in Tupelo, Miss., $1.2 billion Machias Savings Bank based in Machias, Maine, and $5.1 billion Independent Bank, McKinney, Texas have selected its C3 Financial, a cash management and forecasting solution invented by CetoLogic, to simplify cash operations and accurately predict cash levels to service customers’ needs.
Cashfac Technologies' Full Year Revenue for 205 Increased 38%
- 10 years 9 months ago
- Cash management
Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced full year revenues for 2015 were on plan with a 38% increase over the previous year.
Santanderto Go Live With Cashfac's Corporate Cash Management & Client Money Solutions
- 10 years 10 months ago
- Cash management
Cashfac Technologies, a global leader in Cash Management solutions, today announced that Santander has gone live with its Corporate Cash Management & Client Money Solutions. Santander has white-labelled Cashfac’s technology to provide end-to-end cash management solutions via its Santander Connect online banking service for Corporate and Commercial clients. The Cashfac powered services will offer cash management solutions which serve... more
SmartStream reduce front office risk by introducing real-time cash management
- 11 years 46 min ago
- Cash management
SmartStream, the financial Transaction Lifecycle Management (TLM®)specialist, today announced the launch of its new TLM Cash Management module for the front-office, which will provide a global real-time view of cash positions across all settlement channels by trading business line, portfolio, book and product.
Euroclear’s SetClaim Will Transform Payment Claims Management
- 11 years 4 months ago
- Cash management
Euroclear has today made SetClaim, its capital markets payments claims processing service, available to clients. SetClaim’s launch reflects Euroclear’s continued and growing relevance to its clients; helping capital markets operations solve fundamental issues in areas facing increased regulatory scrutiny. SetClaim addresses the challenges of managing the many payment obligations that arise between broker dealers, custodians and other financial... more
