Nasreen Quibria Managing Director & Founder at Q INSIGHTS
One of the biggest headaches that companies face today is the posting and reconciliation of payments. Details such as invoice number, customer account, and other key information that help explain the purpose of the payment often do not travel with the payment. In turn, this fragmented flow of remittance data leads to inefficiencies and errors rela...
24 September 2014 /payments /sibos
Amit Agrawal NA at in transit
Financial Institutions (FI) follow different solutions to fulfil compliance requirements. We can divide this into following different models: 1. Option 1 : in-house, in-country This option is will help FI to keep all the compliance functions in-house. Advantages: • It works great when FI has significant presence in the country • Helps to build go
13 September 2014 /regulation /sibos Financial Services Regulation
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
So Swift sent out a list on 'How to survive Sibos' on its events page. It included tips like 'download Sibos Issues and 'Sibos Daily News' ??!! Or, maybe, (here's a thought) you could just bookmark Finextra.com for a week! I don't go without food or sleep for four days doing videos on payments, T2S and intraday liquidity for my health ya know! Hrru...
01 September 2014 /sibos Whatever...
Retired Member
Thanks to a combination of external and internal pressures, the intraday monitoring and optimization of cash positions is now de rigeur for banks. As a result, cash managers are becoming increasingly proactive, but can payment operations meet their real-time demands? In part 1 of this discussion , we saw how regulation, as a key driver of optimiz...
28 August 2014 /sibos
For banks, investing in a centralized reconciliation factory has become a popular way to build a best-practice reconciliation environment. Time after time it's also proven to be a wise and worthy investment: introducing new levels of automation and efficiency, and reducing time to market for new business processes. But reconciliation excellence re...
A raft of new liquidity regulations are changing the face of cash management. While some may view these regulations as an inescapable duty, compliance with these requirements has the potential to add new value for banks if you take the right approach. Along with the overarching liquidity risk management requirements of Basel III, the Basel Committe...
27 August 2014 /sibos
Paul Miserez Standards Department at SWIFT
The annual Sibos Standards Forum will be held in Boston from 29 September until 2 October 2014. The Standards Forum provides a collaborative platform where business experts meet standardisers to build an efficient foundation for the evolving needs of the financial industry. An industry which is confronted with unprecedented public scrutiny and com...
12 August 2014 /sibos
Myth Financial services firms shouldn’t use the cloud for its customer data because it is less secure than on-premise systems. Fact This line of thinking is extremely common among people in the financial services industry, where the security of data is a principal concern. However, this statement is a myth. The truth is, the cloud is at least as se...
11 June 2014 /sibos
The Standards Forum is the place where business and standardization meet. Its remit is to facilitate and encourage dialogue around standardization in the financial industry, and share views, insights and updates on how financial standards can contribute to reducing cost and increasing efficiency. This is especially relevant when tackling today's c...
27 May 2014 /sibos
Miloslav Hoschek Freelancer at e-Silk Road, NGO
Y2020 SWIFT A GLOBAL CLOUD PAYMENT HUB a global reporting hub a central provider of services global reporting and consultation hub Y2014 - SWIFT over 10 thous. banks are users access to 60 HVS - high volume systems access to 20 different ACH payment systems real times sanctions screening to 30 public sanctions registers SWIFT - an ISO Registry...
20 February 2014 /payments /sibos Payments strategies 2015-2020-2030
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