THe Alternative Workplace: The Transition to a Work-from-home Model

The Alternative Workplace

By | Blog | No Comments

For many across the industry, maintaining business continuity in the all-remote work environment has posed new challenges spanning operations, employee health and safety, data management and communications. As firms continue to navigate this environment and search for ways to remain efficient, they must focus on accelerating their digital transformation to drive future success.
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Cash Management Workflow

The move to a more secure Cash Management Workflow

By | Blog, Cash Master | No Comments

Workflows are the heart and soul of the payment and settlement process. This is an area where users prefer to have more control and flexibility due to the risks involved in making an error that may result in a negative impact on the firm. With an application that provides both flexibility and control, users are given access to a perfect platform to set up secure workflows and processes through the below best practices and capabilities:
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ESMA updates Instructions for Money Market Fund (MMF) Regulations

ESMA Updates Instructions for Money Market Funds Regulation (MMFR)

By | Blog, Raptor | No Comments

The European Securities and Markets Authority (ESMA) has issued new instructions with updated validations and schemas for the first filings by money market fund (MMF) managers under the Money Market Funds Regulation (MMFR) due this September. Updates for the earlier instructions were published in July 2019 after considering feedback from market participants and the technical committee at ESMA. With this, MMF managers are required to use the latest version (v1.1) of the schemas to provide detailed information about the funds to their respective national competent authorities (NCAs) who will then share the same with ESMA after processing it through their internal systems. Read More

The Need for Data Governance in the COVID-19 Era

The Need for Data Governance in the COVID-19 Era

By | Blog, EDM | No Comments

Financial markets around the world have experienced a great deal of stress and turmoil due to the ongoing coronavirus pandemic. Leading to unprecedented levels of risk and significant challenges spanning the middle and back office, the new environment has forced funds to reevaluate and enhance their digital transformation. Read More

Answering Your Questions About SWIFT MT103 Universal Confirmation Requirements

Answering Your Questions About SWIFT MT103 Universal Confirmation Requirements

By | Blog, Cash Master | No Comments
Over the years, the demand for transparency has grown exponentially as both market participants and regulators become more concerned with funds’ allocation and generation of capital. In fact, transparency is becoming more of a focus area for these entities within cash management as the number of risk factors throughout the process continue to mount, leading to a greater potential to mismanage cash. For financial institutions operating on SWIFT, this concern has become more evident as new requirements emerge, including SWIFT MT103 universal confirmation.
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