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This marks a major step towards instant and 24/7 treasurymanagement for both companies, optimising treasury and working capital management for Ant International and its entities. This achievement builds on a recent successful test settlement of a Hong Kong dollar (HKD)-denominated transaction between the two companies.
DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquiditymanagement solution, in collaboration with Ant International. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.
The new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasurymanagement, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses.
In addition, BNP Paribas will explore innovations in tokenised deposits for global treasurymanagement with Ant International, through the latter’s Whale platform. The collaboration aims to improve the efficiency and speed of global fund settlements through the use of tokenised deposits.
Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasurymanagement solution.
Through the project , HKMA explores financial market infrastructure that facilitates seamless interbank settlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbank settlement using experimental tokenised money, focusing on transactions involving these tokenised assets.
Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasurymanagement tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time.
“This is a fairly significant cost for businesses, particularly in terms of the treasurymanagement point of view. “There could be a huge positive benefit of liquidity in the middle market,” he said of data integrations’ ability to enable a single source of truth for company financials.
But in a recent conversation with PYMNTS, Planixs Financial Services Director Pete McIntyre said the drive toward real-time payments – and real-time liquiditymanagement – is not only a difficult achievement, but one that introduces new challenges for treasurers of financial institutions. ”
A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. “While there might still be less use of liquidity at night and over the weekend, payment service providers will not want to set all their available liquidity aside for real-time payment services.”
Additionally, we are keen to foster innovation with such a key player to develop tomorrow’s treasurymanagement standards.” ” Enhancing global fund settlements BNP Paribas will also explore innovations in tokenised deposits for global treasurymanagement, through Ant International’s ‘Whale’ platform.
Earlier this year it was one of six financial institutions in the country to signed up for gpi , while the bank also recently implemented Europe’s TARGET Instant Payment Settlement (TIPS), while embracing regulations and trends like General Data Protection Regulation (GDPR) and Open Banking.
OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.
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