15 December 2017
visit www.aciworldwide.com

Bank of China International implements IT2 treasury management system

24 November 2008  |  1722 views  |  0 Source: IT2 Treasury Solutions

IT2 Treasury Solutions announces that BOC International Holdings Limited has implemented the IT2 Treasury Management System, providing 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. The 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 has delivered STP automation for all central workflows, including dealing and the 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.atos.netvisit www.response.ncr.comvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10451 views comments | 17 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9820 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9215 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7345 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6695 views comments | 19 tweets | 20 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job