19 March 2018
visit www.ebaday.com

Bank of China International licenses IT2 treasury management package

11 December 2007  |  1713 views  |  0 Source: IT2 Treasury Solutions

IT2 Treasury Solutions announces that BOC International Holdings Limited has selected the IT2 Treasury Management System to provide an integrated Best Practice solution for Front-to-Back office processing.

BOCI, which specializes in investment banking, is a wholly owned subsidiary of Bank of China Ltd. It has an issued share capital of US$ 450 million, and owns subsidiaries in Singapore, Hong Kong, London and New York. BOCI Group's sales network covers most major Chinese cities, including Beijing, Shanghai, Guangzhou and Chongqing. BOCI offers a full range of investment banking products and services to its rapidly expanding client base.

BOCI's Treasury team is staffed by over 12 professionals. Their core role is to provide working capital to the foreign and domestic subsidiaries. The IT2 project automates all central workflows, including dealing and management of external and internal transactions, monitoring and management of liquidity and exposures, confirmation and settlement of treasury transactions, and treasury accounting.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit www.facebook.com/business/Visit http://info.nice.com

Top topics

Most viewed Most shared
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
9038 views comments | 28 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
8451 views comments | 9 tweets | 8 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
7232 views comments | 18 tweets | 17 linkedin
Barclays propels Coinbase into Faster PaymentsBarclays propels Coinbase into Faster Paym...
7178 views comments | 15 tweets | 29 linkedin
AI augmenting compliance processesAI augmenting compliance processes
6909 views comments | 3 tweets | 5 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job