- 22Apr
Flexi forwards see rise in corporate interest post-Covid
Treasurers seek flexibility in cashflow hedging as pandemic-related supply chain disruptions bite Source: Risk feed
0 comments Read more22AprEuro Alloys implement Gen10’s CommOS 100% remotely
UK, April 2021 Gen10 today announced their latest successful remote implementation as Euro Alloys began using their CommOS commodity management system. The implementation under Covid-19 “lockdown” was made possible by the off-the-shelf, scalable cloud design of CommOS. Euro Alloys, a…
0 comments Read more22AprITOCHU Corporation goes live with ENTRADE ETRM System for Power, LNG and Petroleum in Tokyo.
April, 22nd. Enuit LLC announced today that ITOCHU Corporation has gone live with the second phase of their ENTRADE implementation supporting their fuel requirements in Tokyo. ITOCHU Corporation which has a rich history, dating back to 1858 has 100 bases…
0 comments Read more22AprFIS Reflects on 2020 and See Climate as a Major Trend
Earlier, I spoke with Ms. Irina Reitgruber of FIS’ Cross Asset Trading and Risk business to find out how things were going for FIS in commodities. FIS has won its first client in the LNG space and is now very…
0 comments Read more22AprBotched fallbacks leave CLOs facing early Libor switch
Source: Risk feed
0 comments Read more21AprAfreximbank, AfDB report reveals damage wrought by Covid-19 on banks’ trade finance business
Letter of credit (LC) business and correspondent banking relationships “slumped substantially” across Africa in the initial months of the Covid-19 pandemic, according to a new report from the African Export-Import Bank (Afreximbank) and the African Development Bank (AfDB). The Africa…
0 comments Read more21AprUAE trade finance platform goes live with invoice fraud solution
UAE Trade Connect (UTC), a trade finance solution that addresses the risk of double financing and fraud across the United Arab Emirates, has moved into full commercial production. Having been in development since 2017 through an initial collaboration between telecommunications…
0 comments Read more21AprBanks steer clear of GFG after Greensill collapse leaves funding gap
Opaque company structures and questionable transactions at the heart of Sanjeev Gupta’s GFG Alliance are driving public and private sector lenders away, leaving a major funding gap after Greensill’s collapse. The alliance, a loose network of companies with ties to…
0 comments Read more21AprAnalysis: Why Baft has faster cross-border payments in its sights
The Bankers Association for Finance and Trade (Baft) has released a new whitepaper that provides recommendations and key considerations for the development of high-speed cross-border payments around the world. Produced by Baft’s cross-border faster payments working group, which is made…
0 comments Read more21AprTexas likely to add record utility-scale solar capacity in the next two years
Texas, already the U.S. state with the most wind energy capacity, is catching up to California in utility-scale solar capacity. California currently has the most installed utility-scale solar capacity of any state. According to survey reports on EIA’s Preliminary Monthly…
0 comments Read more21AprTDB moves to support women-led SMEs in Burundi with guarantee facility
The Eastern and Southern African Trade and Development Bank (TDB) has issued a three-year partial risk guarantee facility to support women-led small and medium enterprises (SMEs) in Burundi. Provided as part of its Trade and Development Fund (TDF), the guarantee,…
0 comments Read more21AprFIS Opens New Growth Opportunities for Global Brands with Worldpay Domestic Acquiring Expansion into South Africa, Nigeria and Malaysia
Key facts FIS continues to drive global eCommerce with domestic acquiring capabilities in high-growth regions of Southeast Asia and Africa . Through its Worldpay product portfolio, FIS will bring new payment options to merchants and eCommerce providers across these new…
0 comments Read more21AprAfter Archegos, Credit Suisse clients tap rivals for clearing
Swiss bank is said to have lost clearing business amid uncertainty over its future Source: Risk feed
0 comments Read more21AprDubai’s commodities hub plans Gulf’s first blockchain-backed facility
Dubai Multi Commodities Centre (DMCC) plans to create the first precious metals refinery and storage facility in the Gulf region enabled by blockchain technology. The facility will refine and store precious metals including gold, silver, platinum, palladium and rhodium, which…
0 comments Read more21AprChris Regan
Product Director, Brady TechnologiesAs an energy trader, Chris was present at two market openings before Heading up EDF Energy’s Trading and Operations capabilities between 2009 and 2017. As Vice Chair of the Power Trading Committee and as Chair of Energy…
0 comments Read more21AprTradingTech Insight Awards – USA 2021
Adaptive recently won the A-Team TradingTech Insight Awards – Europe 2021 for Best Cloud-Based Trading Environment (read more here). We are delighted to announce that we have been shortlisted for its USA 2021 edition in four categories: They are: Best…
0 comments Read more21AprINDATA RECEIVES SOC 2 TYPE 2 ACCREDITATION
INDATA Software-as-a-Service (SaaS), Cloud & Managed Services Offerings Continue to Exceed Industry Standards Allowing Clients to Operate Securely, Remotely and Efficiently Greenwich, CT — April 21, 2021 – INDATA, a leading industry provider of software, technology and managed services… INDATA…
0 comments Read more21AprAmphora Sees A Busy Market
By all accounts, Amphora had a pretty good year in 2020, a record year that saw the vendor almost double its client base in just two years, so I was keen to catch up with Amphora’s Ivan O’Toole to see…
0 comments Read more21AprTraders say BoE green bond purchase scheme could sap liquidity
Updated plan could spike prices and volatility – harming not just brown bonds, say dealers Source: Risk feed
0 comments Read more20AprChinese banks must crack down on illegal wildlife trade
Chinese banks are being urged to commit to zero tolerance of illegal wildlife trade, given their high potential for exposure to dealings in Asia and as they become more influential in the global financial system. New guidance from Traffic, a…
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