- 30Jun
From waste to fuel: the prospects for renewable natural gas in the US
While hydrogen initiatives have been grabbing headlines thanks to large-scale national plans and projects at corporate level, renewable natural gas (RNG) also deserves attention as an emerging tool for decarbonization. RNG comes from capturing biogas from areas like landfills and…
0 comments Read more30JunMitr Phol Sugar Corp. Selects Eka Cloud Platform for Risk Management
Press Release: New York, June 30, 2020: Asia’s biggest sugar and bio-energy producer, Mitr Phol, has selected Eka’s cloud-native platform to manage risk across its global hedging and pricing portfolios. The investment in new technology was part of Mitr Phol’s move…
0 comments Read more30JunPodcast: should negative oil prices be allowed?
Did negative oil prices signify the market was operating effectively, or that something was wrong? Source: Risk feed
0 comments Read more30JunTechcombank and Compass Plus celebrate 15 year milestone in banking partnership
Since issuing the first Visa card 15 years ago using solutions provided by trusted partner Compass Plus, Techcombank, one of the top commercial joint stock banks in Vietnam, has become the country’s market leader for Visa payments volume and has…
0 comments Read more30JunCrown Commercial Services Selects Contigo
According to a Contigo post on Linkedin, Contigo has been selected by Crown Commercial Services. The announcement on Linkedin is as follows, Contigo Software are pleased to announce that Crown Commercial Services (CCS) have selected our enTrader product for their…
0 comments Read more30JunFIS Selects Ten Startups for 2020 Fintech Accelerator Program
Key facts: FIS and The Venture Center announce the ten startup companies selected to take part in the 2020 FIS Fintech Accelerator program Each company will receive in-depth mentoring and feedback from FIS leadership along with a monetary investment. The…
0 comments Read more30JunRussian share of Europe oil market under threat as exports hit 20-year lows
MOSCOW (Reuters) – Russian oil exports to Europe are set to hit their lowest levels in two decades in July, with an output cut deal prompting other suppliers to fill the gap left by Moscow, data from traders and Refinitiv…
0 comments Read more30JunU.S. commercial crude oil inventories reach all-time high
Recent declines in demand for petroleum products have led commercial crude oil inventories in the United States to reach an all-time high of 541 million barrels as of the week ending June 19, which is 5 million barrels more than…
0 comments Read more30JunKeeping Honest Payment Service Institutions Honest
Following the collapse of Wirecard, James McGivern, Head of NBFI at Cashfac, reinforces the need for operational accounting and reconciliation in eMoney and Payment Service Providers The other day an ex-colleague reminded me that we had tried to sell a…
0 comments Read more30JunUK-based Allica Bank launches using Profile’s comprehensive banking platforms
> Banking, Treasury and Risk Management solutions Profile Software, the international financial solutions provider, announced today that Allica Bank, the bank that empowers small and medium businesses to succeed, has comprehensively implemented Profile’s FMS.next, and RiskAvert to manage… Profile Software…
0 comments Read more30JunFirms hone use of new data to pick Covid-19’s winners
Managers are using alternative data to assess the pandemic’s effect on individual stocks Source: Risk feed
0 comments Read more30JunEuropean regulator U-turns on synthetic securitisations
Deals with use-it-or-lose-it mechanism can qualify for capital relief, EBA policy expert says Source: Risk feed
0 comments Read more29JunXalq Bank successfully completes implementation of TranzAxis
As part of a strategic project to modernise its infrastructure, Xalq Bank, one of the leading banks in Azerbaijan, has launched the open development payments platform TranzAxis from Compass Plus. The flexibility of this software solution will allow the bank…
0 comments Read more29JunAttention turns to Esma after UK quashes CSDR buy-ins
Esma launched informal review just before UK Treasury opted out of settlement regime Source: Risk feed
0 comments Read more29JunFunds warm to Esma liquidity rules after Covid crisis
Funds are embracing stress-testing, and swing pricing, after “a real liquidity crisis” in March Source: Risk feed
0 comments Read more29JunBHP completes first blockchain iron ore trade with China’s Baosteel
LONDON (Reuters) – BHP Group has completed its first blockchain trade in iron ore with China Baoshan Iron & Steel Co Ltd, in a transaction worth around $14 million. BHP and technology firm MineHub said in separate statements on Monday…
0 comments Read more29JunBP meets asset sale target through $5 billion divestment of petrochemical unit
(Reuters) – BP (BP.L) will sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, the oil major said on Monday as it achieves its asset sale target of $15 billion a year in advance. Its London-listed…
0 comments Read more29JunRisk-free rates may fail liquidity test for hedge accounting
Experts fear trades referencing SOFR and €STR will not be eligible for hedging relief Source: Risk feed
0 comments Read more27JunU.S. refinery capacity sets new record as of January 1, 2020
U.S. operable atmospheric crude oil distillation capacity increased 0.9% during 2019, reaching a record of 19.0 million barrels per calendar day (b/cd), up 0.2 million b/cd from the previous record of 18.8 million b/cd the year before. According to the…
0 comments Read more26JunInsight Conversation: Philippe Sauquet, Total
Philippe Sauquet, president, gas, renewables and power at Total, spoke with Stuart Elliott about the company’s energy transition strategy and trends in a number of sectors, from LNG to hydrogen. France’s Total was the first mover among European oil and…
0 comments Read more