77 Results
Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group
Yesterday, SAP announced that all transactions of its Ariba Network—a business-to-business community of hundreds of thousands trading partners—will be shifted to HANA, its new in-memory platform for real-time computing. This news represents a major accomplishment in the supply chain world because it moves the elaboration of supply chain big data ...
30 April 2014 /regulation Financial Supply Chain
When I wrote my comment to a previous announcement about the KYC registry I did not want to do the bird of ill omen to SWIFT although all planets seem aligning to put the bank cooperative into a corner. Today’s announcement from Thomson Reuters that it will develop a central utility for KYC due diligence checking with the launch of Accelus Org ID...
20 March 2014 /regulation Transaction Banking
Two very recent announcements from SWIFT and KYC Exchange represent the first concrete answers to growing market demand for a common and global repository for Know Your Customer (KYC) information. In the interest of banks and of corporate clients, SWIFT and KYC Exchange are still in time to avoid harmful and unnecessary fierce competition. Both a...
18 January 2014 /regulation Transaction Banking
After the drumming and roaring of the acquisition announcement I haven’t seen or heard anything significant so far. True is that the companies are now working out the hard task of integrating cultures and objectives. However something more substantial should be made clear by now. While waiting for things to happen I want to share a few thoughts on...
11 December 2013 Financial Supply Chain
This article was first published on gtnews. Corporate treasurers and their use of treasury management systems Corporate treasurers fully agree they can (and must) count more in their company. The financial crisis - now turned into economic crisis in many European countries - has elevated the corporate treasurer to the status of information steward ...
23 November 2013 /payments Treasury Management
I thought I'd post again this article after the recent outage... Large corporations are today cash rich and their treasurers are accountable for utilizing at best those assets. Preservation of capital rather than pure yield gauges the success of corporate treasurers’ decisions. These objectives and constraints are not so dissimilar from what weal...
30 October 2013 /wholesale Treasury Management
Large corporations are today cash rich and their treasurers are accountable for utilizing at best those assets. Preservation of capital rather than pure yield gauges the success of corporate treasurers’ decisions. These objectives and constraints are not so dissimilar from what wealth managers experience when servicing at best their clients. I ant...
24 October 2013 /wholesale Treasury Management
In May 2012, giant German ERP vendor SAP acquired Ariba, a sourcing strategy and B2B network provider (http://dealbook.nytimes.com/2012/05/22/sap-agrees-to-acquire-ariba-for-4-5-billion/?_r=0). Since then, SAP and Ariba have actively deployed solutions in the financial services domain, including SAP’s Financial Services Network (FSN), the connecti...
08 October 2013 /wholesale Financial Supply Chain
To clarify the reason of this rather naive post, banks are not lending to small companies because the risk perceived is too high. However, the way banks assess risk is mainly based on financial data and on some basic overview of operational performance. If banks were instead capable of having statistics on a company's performance throughout the en...
26 September 2013 /regulation /wholesale Financial Supply Chain
Today, SWIFT and treasury systems vendor Bellin announced that they will implement a direct connection between SWIFT and Bellin’s tm5. Treasury intelligence management systems (TiMSs), a term coined by Aite Group in its 2011 report on the subject are platforms that will integrate and extend the operations-driven functionalities of a traditional tre...
25 September 2013 /payments /sibos Treasury Management
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