18 March 2021

Fitch Affirms 10 J.P. Morgan Liquidity Funds

Fitch Ratings has affirmed the ratings of nine J.P. Morgan short-term money market funds (ST MMFs) and one J.P. Morgan standard money market fund (MMF). The ST MMFs and standard MMF are managed by J.P. Morgan Asset Management (UK) Limited (euro- and...
16 March 2021

Deutsche Bank Executes World’s First Green Hedge with Continuum

Deutsche Bank and Continuum Energy Levanter Pte Ltd, a subsidiary of Continuum Green Energy, today announced they have executed the world’s first green hedging transaction with a second party opinion based on a specially designed green...
12 March 2021

Corporate Cash Soars $1.01 Trillion in 2020 to $3.82T

Corporations in the U.S. added $1.01 trillion or 35.9% to their cash holdings in 2020 according to The Carfang Group analysis of Federal Reserve data released today.  For the fourth quarter, cash is  virtually unchanged, down only...
11 March 2021

Standard Chartered Research finds Continued Confidence in Growth Outside Home Markets Amongst European and US Companies

A second research study by Standard Chartered on the international growth strategies and challenges that CFOs and Treasurers in the US, the UK, Germany and France face indicate...
11 March 2021

Kantox to Provide Straight-Through-Processing for International Companies

Kantox has formed a global partnership with 360T. This collaboration provides new Straight-Through-Processing integration for Kantox’s corporate clients.  Kantox’s Currency Management Automation solution...
11 March 2021

Fund Conversions Drive Strong Growth in Global ESG MMFs

Fitch Ratings estimates that assets under management (AUM) in global ESG-oriented money market funds (MMFs) increased by around 50% to EUR123 billion by end-2020. In contrast, growth of all global MMFs was only around 20% in the same period....
11 March 2021

Over Half of Financial Institutions Admit LIBOR Transition Plans Delayed by Covid-19

A research report from SDL, part of RWS Holdings plc, highlights the immense pressure that major financial services organisations are under to ensure they are ready to transition away from the London Inter-bank Offered...
10 March 2021

International Chamber of Commerce and Finastra Team up to Tackle the Trade Finance Gap

The International Chamber of Commerce (ICC) and Finastra have committed to a strategic initiative to tackle the growing trade finance gap. Both organisations are orchestrating an ecosystem and...
9 March 2021

Deutsche Bank Launches Innovative One-Stop Workflow Automation Solution for Treasurers in APAC Emerging Markets

Deutsche Bank today announced the launch of GEM Connect, a component-based solution designed to address workflow challenges across collections, payments, funding and FX in APAC...
5 March 2021

Surecomp Marketplace Facilitates Fraud Prevention with Document Forgery Detection Partner Gradiant

Surecomp today announced the addition of document forgery detection solution Valida by Gradiant to its Marketplace platform. The latest fintech partner to join the company’s trade finance...
5 March 2021

ISDA Statement on UK FCA LIBOR Announcement

ISDA has published the following statement in response to today’s announcement by the UK Financial Conduct Authority (FCA) on the future cessation and loss of representativeness of the LIBOR benchmarks. “Today’s announcement constitutes an index...
2 March 2021

GTreasury Acquires Coprocess

GTreasury, a treasury and risk management platform provider, today announced the acquisition of Coprocess, a provider of intercompany netting solutions. Adding intercompany netting to the GTreasury platform and ecosystem gives corporate treasurers the ability to significantly...