Freight Investor Service pioneers first RMB-denominated FFA trade in mainland China
by Kylene Casanova
FIS has made the first renminbi (RMB)-denominated forward freight agreement (FFA) trade
Cash & Liquidity Mngm in Asia-Pacific
Background
There are some 40 countries in the Asia-Pacific region ranging from some of the poorest to rich countries like Japan and New Zealand. There is also a major difference between the countries' cash…
Read moreGreater efficiencies for Shanghai based treasury centres: Standard Chartered the first foreign bank
by Kylene Casanova
Standard Chartered Bank (China) Limited first foreign bank for a RMB denominated loan quota
Speeding up payments in Asia-Pacific: Deutsche Bank’s Accelerator
by Kylene Casanova
Although there has been a move to other currencies in the past 10 years, much of the Asia-Pacific's trade, including intra-regional flows, is still invoiced, and settled in USD. And some are settled in EUR.
Standard Chartered launches Global Renminbi Index which tracks Renminbi-based business activity worl
by Kylene Casanova
Standard Chartered today announced the launch of the Standard Chartered Renminbi Globalisation Index (RGI) – the first industry benchmark that effectively tracks the progress of Renminbi-based business activity worl
Citi expands Express Wire Asia program with dedicated India Desk
by Kylene Casanova
Citi announced today that it was further extending its US Dollar Express Wire for Asia services by launching Express Wire India Desk. The new service helps streamline the execution of US Dollar payments by sending t
J.P. Morgan expands Liquidity Management capabilities with launch of Unitized Time Deposits In Asia
by Kylene Casanova
Designed and developed to help corporate clients address the challenge of forecasting past short-term maturities (i.e. past seven days), the fully-automated Unitized Time Deposit investment solution allows funds to
JP Morgan enhances U.S. dollar clearing with Asia Direct solution
by Kylene Casanova
JP Morgan Treasury Services today announced a range of enhancements to its U.S. Dollar Clearing – Asia Direct solution, the reach of the solution has expanded four-fold.
Citi to be first international bank to issue Commercial Cards in China
by Kylene Casanova
Citi China announced today the launch of its commercial cards programme in China by its Citi Transaction Services division, making it the first global bank to offer such capabilities to its large corporate and multi
Mobile payments are happening: Japanese and South Korean Telecoms prepare for cross-border NFC m-pay
by Kylene Casanova
The infrastructure for mobile payments is growing world-wide. The latest example is where the Japanese wireless operator NTT DoCoMo and South Korean peer KT Corporation have agreed plans to enable their customers to
SWIFT strengthens presence in Asia Pacific with new corporate hub
by Kylene Casanova
SWIFT, the financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, today announced that a new Asia Pacific corporate
Standard Chartered launches enhanced working capital management and liquidity management solutions f
by Kylene Casanova
Standard Chartered Bank today announced that it was rolling out a series of cash management enhancements that significantly improves the ability to manage working capital. Tehey are designed to deliver increased vis
Corvil collaborates with BT to broaden FX and equities service in Asia Pacific
by Kylene Casanova
Trading systems monitoring and risk management leader Corvil today announced the availability of a monitoring solution aimed at the FX and Equities markets in Asia.
Standard Chartered launches Integrated Custody Platform to support clients’ growth in emerging marke
by Kylene Casanova
Standard Chartered Bank today announced that it had launched an integrated direct and regional custody platform for its investor and intermediary clients to capture growth opportunities in the fast-growing markets a
JP Morgan Treasury Services launches escrow services in Vietnam
by Kylene Casanova
JP Morgan Treasury Services has expanded its global escrow services to Vietnam, providing clients with an additional risk management solution across financial transactions.
All leading banks’ cash management services are going mobile: next it’s ANZ
by Kylene Casanova
ANZ is preparing to launch an iOS app that will enable corporate customers to manage their Australian and New Zealand cash management activities on the go.
SWIFT RMB Tracker: 31 countries now use the renminbi for at least 10% of their payments with China,
by Kylene Casanova
In July 2012, the RMB moved up one position to #15 most-used payments currency with a market share of 0.45% (versus 0.43% in June 2012).
J.P. Morgan executes first transaction of Hong Kong Monetary Authority Repo Financing Platform
by Kylene Casanova
J.P. Morgan has executed Hong Kong's first HKD tri-party repo transaction between Bank of China (Hong Kong) Limited ( and Barclays Bank plc, the first such trade following the launch of the Hong Kong Monetary Author
Australian-based global Forex provider, Vantage FX, introduces new platform for live trading
by Kylene Casanova
Vantage FX is the first, and only Australian regulated financial services firm offering the completely new MT5 trading software in a live trading environment.
Thomson Reuters and GFI Group have formed a JV with SDIC Trust to launch a FX and money brokerage in
by Kylene Casanova
The partners - Thomson Reuters, GFI Group and SDIC Trust - feel that they meet the prerequisites required to obtain an application for a licence and are preparing to file with regulators for the Beijing-based JV.
Singapore becomes Citi’s Asia Pacific hub for operations, collateral management and portfolio perfor
by Kylene Casanova
Over the last three years, Citi's SFS (Securities and Fund Services) operations in Singapore have transformed itself from a custodian to a full-fledged fund and investment services provider by building up its capabi
Citi Launches Renminbi Cash and Trade Solutions in the UK
by Kylene Casanova
EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p
In Asia-Pacific cash and treasury management improvements keep on coming
by Kylene Casanova
In the Asia-Pacific region improvements in infrastructure, bank and payment services just keep on coming. Three latest examples are:
J.P. Morgan partners with NTT Data Corporation to launch Multibank Cash Management platform in Japan
by Kylene Casanova
J.P. Morgan Treasury Services has launched a Multibank Cash Management Service in Japan in partnership with leading IT solutions provider, NTT DATA Corporation
2012 ICM Survey Results: Asia-Pacific
by Kylene Casanova
The numbers for Asia-Pacific from the J&W Associates 2012 International Cash Management survey are given below.