Remove B2B Remove Risk Mitigation Remove Treasury Management
article thumbnail

European Central Bank Picks Treasury Management Tech Provider

PYMNTS

Last year , OpenLink Vice President of Commodities & Treasury Solutions Mark O’Toole spoke with FX-MM about the intersection of Big Data and treasury management, noting that managing data for real-time risk mitigation is “a bigger challenger than you would imagine.”

article thumbnail

Reval’s Treasury Tools Find A Buyer

PYMNTS

Reval offers treasury management solutions that have now become the target of an acquisition. “The acquisition of Reval substantially increases our footprint in treasury cloud services and enriches our product portfolio with leading functionality in risk and hedge accounting,” said ION CEO and Founder Andrea Pignataro.

article thumbnail

Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. Effective counterparty management hinges upon setting and actively managing a core set of counterparty metrics.

article thumbnail

Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house. Managing Risk. One technology Beaulande cited as especially helpful to banks’ treasury departments is the API.

article thumbnail

Treasury Departments' Data Strategy For Future-Proofing The Enterprise

PYMNTS

In addition to steering their organizations through the murky and rocky waters of an economic downturn, treasury departments are securing a place at the decision-makers' table to offer higher-level guidance. Some may say, 'data is the next oil,' but it can't be if the company doesn't have the platform to optimize its use.".

article thumbnail

Bloomberg, Shell Design Treasury Tool To Centralize FX Management

PYMNTS

The tool interconnects Shell’s central treasury office to its 718 operating units to manage foreign exchange (FX) risk and volatility with its more than 200 bank partners. “Now, we can more efficiently route market requests from regional centers around the world to our central treasury. .

article thumbnail

Diving Into Corporate Payments’ SCA Exemption

PYMNTS

According to the FCA, virtual corporate cards used within access-controlled corporate travel management or corporate procurement systems would assumedly qualify for that exemption. However, the watchdog said, p-cards and B2B transactions aren’t necessarily all exempt. “In However, that does not automatically exempt all B2B payments.