How China has simplified IPO proceeds repatriation
by Kylene Casanova
China's forex regulators issued a new guideline on January 28 simplifying repatriation of IPO
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The definition of your organization’s risk appetite needs to be carried out by management and then a
by Kylene Casanova
Many organizations define risk as something to avoid. Playing the safest game possible has its merits, but a healthy, detailed definition of your organization's appetite for risk is critical to success in business.
SWIFT appoints Broadridge as business partner in Europe covering several services including Alliance
by Kylene Casanova
US financial servicing company Broadridge Financial Solutions has been appointed by global banking co-operative SWIFT as a business partner for Germany, Switzerland, Austria, the Czech Republic, Slovakia and Liechte
Digital currency starts to be used in real world: Bitcoins can now be used in USA to pay for Domino’
by Kylene Casanova
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world.
Citi implements the new corporate-to-bank Swift trade MT 798 message standard which will simplify mu
by Kylene Casanova
Citi now supports multinational corporate clients in their trade flows using the new Corporate-to-Bank SWIFT Message Type (MT) 798. The MT 798 enables clients to generate trade flow communications with any SWIFT MT7
The real reason to use XML 20022 message standards: you only have to re-map once more, then never ag
by Kylene Casanova
Citi's announcement that they are now processing 1 million XML transaction each month is an important illustration of the speed at which XML usage is growing. Cit's million/month is made up of payment messages - a m
Canada Pulls the Plug on the Penny
by Kylene Casanova
The Canadian Mint has now ceased distributing pennies to financial institutions and the circulation of the currency will begin to decline. The transition data was announced in July 2012 after consultations with smal
EU derivatives rules will come into effect in mid-March
by Kylene Casanova
The European Parliament, meeting in Strasbourg, France, has decided not to pursue a resolution which, if passed, would have forced yet more delays in the EU's long-awaited post-crash centralised derivatives clearing
Some commonsense on the use of Cashflow at Risk models
by Kylene Casanova
John Grout at the UK's Association of Corporate Treasurers gave some important perspectives on non financial corporates using Cashflow at Risk in his piece on the ACT web-site:
UK: B2C e-commerce sales hit GBP 77.35 bn in 2012 and are the highest spend per person followed by A
by Kylene Casanova
The UK is one of the strongest digital commerce markets in the world, as in 2012, B2C e-commerce sales in the country have increased 14.4 percent to GBP 77.35 billion, up from GBP 67.60 billion in the previous year,
Misys expands FX Client Clearing Partnership with MarkitSERV
by Kylene Casanova
MarkitSERV, the most widely-used electronic trade processing service for over-the counter (OTC) derivative transactions and Misys, the global leader in treasury and capital markets solutions, today announced they ha
Top four emerging trends in Financial Risk Management
by Kylene Casanova
The November 2012 article in Treasury & Risk highlighted the increasing focus on risk by boards and the expectations that corporate treasury department have a major role to play. Indeed they suggest that the most pr
JFX launches a rebate program for its FX clients
by Kylene Casanova
JFX, the online forex trading specialist, has launched a rebate program allowing clients to receive money whenever they place trades. Each month, clients receive a pleasant addition into their trading account which
How to avoid mis-payment and overpayments in the accounts payable department
by Kylene Casanova
Many billions (USD, EUR, RMB) are lost each year in mis-payments and over payments by accounts payable departments world-wide. The large majority of these losses are not fraud; it is the administrative errors. It is
There is more to TMS market than Wall Street Systems and SunGard: FTI Treasury and Salmon announce n
by Kylene Casanova
Don't forget that there are other TMS providers who are thriving in the current market as corporate treasury departments and other treasuries seek to automate their operations.
New Forex broker opens for business. Aims to save your precious time
by Kylene Casanova
New forex broker ForexTime Ltd (FXTM) announced the official start of its operations with the activation of its Cyprus Investment Firm (CIF) license and the launch of its website www.forextime.com.
Renminbi growth continues: Standard Chartered Renminbi Globalisation Index up 2.8% in December and S
by Kylene Casanova
RGI, posted another new high of 748 in December, up 2.8% from November's 728 in part due to
Trading efficiency: FINRA Proposes Reducing Trade Report Time to 10 Seconds
by Kylene Casanova
The Financial Industry Regulatory Authority is seeking a rule change that would require brokerages to report trades within 10 seconds rather than 30.
Survey shows that if basis of pricing Money Market Funds changes then many investors would decrease
by Kylene Casanova
The recent Treasury Strategies survey on corporate reaction to changing the basis of pricing money-market funds for valued indicate that any attempt to eliminate the constant net asset value (CNAV)
ISO 20022 is now the standard: Citi reaches 1 million payment transactions using ISO 20022 XML messa
by Kylene Casanova
Citi Transaction Services has reached a significant milestone of consistently processing more than one million payment transactions per month using the ISO 20022 XML schemas. This validates the increasing adoption o
Software as a Service solutions begin to dominate mid-range treasury. Kyriba, SaaS treasury software
by Kylene Casanova
Yet another SaaS treasury management provider of cloud-based treasury, Kyriba, announced record-breaking revenues in 2012, and the signing of a broad range of high-profile clients and technology partners.
FX volatility & setting budgets
by Kylene Casanova
FX volatility is often omitted from financial planning, usually because the owner of the budget 'drafts' the FX assumptions with little research or uses the banks' consensus view of the FX market.
Bank of America Merrill Lynch Launches CashPro Accelerate® in 12 markets in Asia Pacific
by Kylene Casanova
Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singa
Fraud levels are really scary: Google looks to ditch password for good as they are insecure and ECB
by Kylene Casanova
Google engineers are looking at ways to stop using passwords, which they believe are no longer enough to keep users safe. They are testing new tools that could replace passwords as the primary way of authenticating